Australian banking laws to overcome being scammed?

Birdy

sr. member

Activity: 364

Merit: 250

Quote from: goose20 on May 30, 2013, 07:34:22 AM

Yeah exactly, he was full of talk until i asked for those details then he went silent. So i know that he's scammed me.

Disappointing more than anything. My partner is in early labour right now and we could be off to the Mater any minute for the birth of my son (our first child). The 2 coins were for them, 1 each. You read so much about bitcoin, believe in what it was designed and stands for and all that...get excited to acquire 1 for your boy to have when he gets older etc etc, just to have scammers use it to rip people off.

Lesson learnt, but i still believe in BTC. I guess there will always be lowlifes out to make a quick buck Sad

Yes, esecpially when new things like Bitcoin come up. There are lots of people that are new to this and thus are easily scammed. That's why there are so much scammers here :/

goose20

legendary

Activity: 1173

Merit: 1000

Yeah exactly, he was full of talk until i asked for those details then he went silent. So i know that he's scammed me.

Disappointing more than anything. My partner is in early labour right now and we could be off to the Mater any minute for the birth of my son (our first child). The 2 coins were for them, 1 each. You read so much about bitcoin, believe in what it was designed and stands for and all that...get excited to acquire 1 for your boy to have when he gets older etc etc, just to have scammers use it to rip people off.

Lesson learnt, but i still believe in BTC. I guess there will always be lowlifes out to make a quick buck Sad

Birdy

sr. member

Activity: 364

Merit: 250

If he is a valid seller he could easily give you the transaction ID, so you can look for yourself that the transfer is in progress at blockchain.info .

goose20

legendary

Activity: 1173

Merit: 1000

Thank you all for the advice. It originated via Gumtree.

I figured since it was going into a bank account, i would have a trail confirming that the funds deposited were mine, and since they were for a purchase that never eventuated (ie the seller cant use the excuse that product was lost in the mail) given they wont provide transaction details to verify; the banking system being so strict and anti-fraud here it wouldn't be all too difficult to retrieve the funds. Lets hope so.

I'll contact the bank tomorrow and progress.

Thx again.

p.s. oh, there is no way that the transaction would take so long would it?
Their last reply to me in relation to me asking for further details was "Once it's gone it's gone, I can't see anything more. It's in your hands now"??

jmutch

full member

Activity: 196

Merit: 100

this can be a bit of a pain in the ass though. so try get in before the 2 business day wait that most banks have.

jmutch

full member

Activity: 196

Merit: 100

Depends on your bank. I would definitely call them ASAP to see if the transaction is still in progress.

One funds are in the other account it gets much harder.

you can issue a "trace and recover' which is basically a formalised request for refund. This can have a fee so tell them you have been scammed and they may waiver the fee.

Call them now though if you haven't!!!

Unluckyduck

sr. member

Activity: 359

Merit: 250

Oh and i assume you were using local bitcoins?
If so only ever trade with people that have reputation and allow automatic escrow.

leigl

newbie

Activity: 28

Merit: 0

This is what middlemen are for.

Unluckyduck

sr. member

Activity: 359

Merit: 250

Have you contacted your bank?
That is definitely the first step.

goose20

legendary

Activity: 1173

Merit: 1000

Anyone know what the current laws are in Australia with respect to investigating/reversing a payment made into a bank account?

I agreed to purchase 2 BTC for $200 and deposited the cash straight into the sellers bank account.
He states that he has sent the BTC but its been over 24 hours and still nothing. He also will not provide sending address or transaction id so that i can check the blockchain to verify. So i am thinking that i have been scammed.

Any advice would be most welcome.
Thanks

Topic: Australian banking laws to overcome being scammed? (Read 500 times)