Author

Topic: Question from newbie PayPal scams (Read 123 times)

newbie
Activity: 4
Merit: 3
March 22, 2020, 05:57:30 AM
#1
Hi, All.
I am a newbie in crypto trading. So I see lot of people suggest to stay away from PayPal trading . because payment can be reversed. So can I while doing trade use one PayPal account  Account A receive the funds and immediately transfer funds elsewhere say another Pay Pal account Account B after that release coins.
So at some point in time, the transaction will be reversed by a scammer  and PayPal account owner ( could be my friend , i will ask to use his account) will be asked to return funds , but the funds are not there. What happens then , will Paypal chase the account owner for funds?  Would they chase him through legal means? i.e. request money through courts , since the accounts now need to be verified?
Please any suggestions welcome.
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