You Done Paypal Exchanges?

clookid · 03-24-2007

Hey everyone,

Have you ever done a Paypal exchange? If so, you have actually broken the law! Trust me, you do NOT wish to be caught out! One of my friend's friends got his Paypal account banned + he was sued $100!

Kind regards,
-Clookid

dasha101 · 03-25-2007

Well I have been engaged in any exchange since I don't have paypal. But even if I have, I will not probably engage on this. I don't want to be banned and be sued just because of doing ridiculous things.

This should serve as a warning to everyone. Don’t do anything stupid.

smilemaker · 03-26-2007

ya thats true you have broke the law so there are possibility of your acount being banned! so be prepare for it before exchanging paypal cash and take some precautions to prevent your account from being banned like dont write exchange in your subject or comments

joecool6101 · 04-04-2007

This is very unlikly that you will be caught unless the person you are trading with or you for a message say "payment for trade for e-gold" or something like that as there are millions of transactions a day i doubt they will get caught unless you type something like that. It is unfortunate about your friend.

Althema · 04-04-2007

What exactly is a paypal exchange? I've never heard of this. I'd like to know so that I can be sure never to do anything like this.

ltjman22 · 04-07-2007

Never heard of this, please explain the scam to me and what it involves! From what you are saying, sounds like a pyramid scheme!

stealth · 04-08-2007

Even other third party payment processors do not allow inter currency exchanges. But you can get away with it by not specifying the actual nature of transactions. As spelled out in this thread, dont' indicate in the subject that is a currency exchange.

Jerlene · 04-10-2007

You mean sell my account or trade it for another account? If so, no.

ltjman22 · 04-11-2007

Thanks, iv'e got it now! It's like a big pyramid scheme, right? I don't really get involved in things like that!

sweeper · 04-12-2007

It's not a pyramid scheme. For example exchanging your Paypal funds for egold openly indicating the subject transaction as exchange service can penalize you.