41–50 of 303 posts
Yeah. I'm selling some old stuff on eBay, using money to buy newer stuff, drawing the difference from the bank when the PayPal balance is not enough. Repeat. After not even two cycles of this, I get an email from PP saying: > Starting MM/DD/YYYY, money from payments you receive will be placed in a pending balance for up to 21 days. By doing this, we're making sure that there's enough money in your account to cover po…
Whoa. I can't believe anybody would do this. Both PayPal demanding it, and the buyer following through.
The official policy is probably to have buyers destroy counterfeit products to prevent their circulation (possibly at the request of manufacturers?), and that's the reason this happened.
1. $2500 is a mid grade violin. I have a 100yo Czech violin that is worth $250. Sears specials for Jr. High students can cost $100.
2. The seller is right that the Label doesn't qualify as intentional counterfeiting. My Czech violins says its a Strad. This is extremely common, and should be taken more like a 'inspired by' tag--unless of course the maker is reputable enough to place their own tags.
It seems to me that the problem is paypal's definition of counterfeit shouldn't be expanded to cover objects where you truly need an expert to determine the counterfeit status. Knockoff rolexes are on thing, but at least from the post, it seems they are taking the buyers word, and don't understand the nature of violin labels.
Also, isn't PayPal owned by eBay? Aren't there thousands or even tens of thousands of counterfeit items littered across eBay?
Earlier quoted context omitted.
He should care because if he did that I'd take his sorry ass to court for destruction of MY property.
You sound angry now. Imagine how angry you'll be when you lose your internet tough-guy lawsuit. https://cms.paypal.com/us/cgi-bin/marketingweb?cmd=_render-c... 10.1 b Further, if you lose a SNAD Claim because we, in our sole discretion, reasonably believe the item you sold is counterfeit, you will be required to provide a full refund to the buyer and you will not receive the item back (it will be destroyed). PayPal S…
I don't know if such an act would be legally viable, but it certainly seems morally reasonable to me.
Yeah. I'm selling some old stuff on eBay, using money to buy newer stuff, drawing the difference from the bank when the PayPal balance is not enough. Repeat. After not even two cycles of this, I get an email from PP saying: > Starting MM/DD/YYYY, money from payments you receive will be placed in a pending balance for up to 21 days. By doing this, we're making sure that there's enough money in your account to cover po…
it's legal because PayPal is technically not a bank.
I mean, let's drop the literal-mindedness for a second. It's my money. They are holding it hostage. I want it back. They should not be allowed to do this.
Still nothing wrong with the situation, in your opinion?
Yeah. I'm selling some old stuff on eBay, using money to buy newer stuff, drawing the difference from the bank when the PayPal balance is not enough. Repeat. After not even two cycles of this, I get an email from PP saying: > Starting MM/DD/YYYY, money from payments you receive will be placed in a pending balance for up to 21 days. By doing this, we're making sure that there's enough money in your account to cover po…
Yeah. I'm selling some old stuff on eBay, using money to buy newer stuff, drawing the difference from the bank when the PayPal balance is not enough. Repeat. After not even two cycles of this, I get an email from PP saying: > Starting MM/DD/YYYY, money from payments you receive will be placed in a pending balance for up to 21 days. By doing this, we're making sure that there's enough money in your account to cover po…
it's legal because PayPal is technically not a bank.
http://en.wikipedia.org/wiki/PayPal#Bank_status
It depends on where you are, in the EU it definitely is a bank.