So, How Do These Scams Work?
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  1. #1
    Member marks55's Avatar
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    So, How Do These Scams Work?

    I see this daily on ebay. Always a high end watch for a ridiculous sum, always a seller with zero feedback,

    always an odd sounding sellers name ending in "0". But they seem to accept paypal, so what's the end game here, anyway?

    For example, https://www.ebay.com/itm/Breitling-S...IAAOSw8b1Z-o-t

    Are they just trying to defraud Paypal?
    " I like Chiken farming and old clock " --- Anon

  2. #2
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    Re: So, How Do These Scams Work?

    If you are a new seller your money are withheld for a period, meaning they cannot withdraw the money for up to 21 days, a scammed buyer will complain earlier than that and get a refund.

    Maybe the watches are fake?

  3. #3
    Member marks55's Avatar
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    Re: So, How Do These Scams Work?

    That's exactly the part that doesn't make sense. They seem to be genuine, usually new or near new, sometimes vintage pieces.
    But always high end, Rolex, Breitling, Omega.
    Maybe once you contact them, they insist on wire transfer instead of Paypal.
    The funny thing is, a new seller appears daily, with similar merchandise, but always the same M.O.
    " I like Chiken farming and old clock " --- Anon

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    Re: So, How Do These Scams Work?

    If it what I think it is, then they could take the money once a tracking shows completed. So you buy one, they ship out a fake, you get a fake. They hope the buyer does not complain right away and then can argue what they sent you was real. You spend the time trying to get the watch authenticated to prove it a fake. But the AD of that brand would tell you you have to send it in to a service Center. 3 weeks later you get the watch back and a slip that tells you it is fake. In the mean time they have gotten the money and closed whatever card or account they had tied to the PayPal account with no hopes of you getting it back.

    They could also hope the buyer has no real clue of what is fake and what is real and thinks they got an awesome deal.

    Or at least that is what I suspect.

  6. #5
    Member marks55's Avatar
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    Re: So, How Do These Scams Work?

    It's possible, as many of these are new/newer pieces. But I have also seen vintage pieces as well, and I wonder how they're pulling that off.

    It seems like they are also trying to stay off the radar by asking ridiculously low prices, stealing small amounts at a time and constantly

    changing seller names. It would have to be a rather large group of individuals, though.
    " I like Chiken farming and old clock " --- Anon

  7. #6
    Member thoth's Avatar
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    Re: So, How Do These Scams Work?

    Quote Originally Posted by marks55 View Post
    It's possible, as many of these are new/newer pieces. But I have also seen vintage pieces as well, and I wonder how they're pulling that off.

    It seems like they are also trying to stay off the radar by asking ridiculously low prices, stealing small amounts at a time and constantly

    changing seller names. It would have to be a rather large group of individuals, though.
    Does not need to be a group larger than 10 people with the ability to create multiple email addresses to link up to PayPal and Ebay. Small amounts make people feel like they are getting the best deal of a lifetime. They also may be keeping it low as a single offense under a certain amount in their area classifies as only a civil small claims case versus a larger amount that would open a criminal case.
    marks55 likes this.

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    Member marks55's Avatar
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    Re: So, How Do These Scams Work?

    I also get the feeling that this is being perpetrated by individuals outside the U.S. , as frequently the speech patterns
    and usages in the descriptions are not customary nor proper English. ( In other words; they sound funny.)
    Border-Reiver likes this.
    " I like Chiken farming and old clock " --- Anon

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    Re: So, How Do These Scams Work?

    Here in the UK that watch is at least £1000 so for half that it has to be fake, stolen or something else

  10. #9
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    Re: So, How Do These Scams Work?

    If you notice....the seller has only 1 watch ever per ID.

  11. #10
    Member marks55's Avatar
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    Re: So, How Do These Scams Work?

    Yes, a new identity is created for each new listing.
    " I like Chiken farming and old clock " --- Anon

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