Is my cousin being scammed?

RoyMi6

RoyMi6

RoyMi6

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9 Mar 2010
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My cousin is having a bit of bother selling his Z4 at the moment.

Been on the market for a while but someone has just contacted him saying they work offshore, don't have internet banking, but want to buy it.

They're suggesting that they'd have a company come collect it once payment was made, in full, through PayPal.

In addition to this he's happy to pay full price without even seeing it.

*alarm bells*

He's faaaaaairly sure he's getting scammed (knows his stuff) and is aware that if it's too good to be true etc but the thing that's annoying us the most is what is the actual scam? :)

First thing that came to mind was he'd reverse the charges once he's taken it away - i.e. file a dispute and since there's no "proof" of delivery my cousin would be screwed.

Only other thing we can think of is that this guy is going to end up asking for a payment be made to the company that collects the car or something. Then just never turn up.

So, OCUK Detectives, what's the script? :)
 
Ask the seller to pay the "company" collecting the car and they in turn pay your brother in cash !

That's the only way I would do this one.
 
Firstly, almost every ship or oilrig has internet access for it's crew, also, who the heck doesn't have internet banking? Who in their right mind would buy a car using paypal?

The scam is the paypal reversal, it's easy as pie.

Tell your cousin to get with the times and drop the price.
 
Scamtastic.

This is a standard type of approach taken by scammers. Come up with some excuse why a traditional purchase route won't work and have a third party collect the goods.
 
If it smells like a scam, acts like a scam it's a scam.

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Cheers guys :)

I think what was bother us most is that we couldn't see it for being so obvious - i.e. was it really as simple as we thought??

Good to have confirmation though. I'll tell him to just drop the price ;)
 
I wouldn't go through with that especially on Paypal, I purchased an item(Xbox live 12 months) for £30, on ebay the seller had decent feedback but never sent the item, loads of bad feedback came and the guy ran away with the money. Tried to claim money back but Paypal couldn't do nothing :S. he must ended running away with thousands of pounds. After scamming 100s of other ebayers.
 
It's a shame that PayPal can be used so readily for scamming. It obviously had good intentions to start with and obviously has these processes to protect genuine buyers but it's a shame they've not managed to close the holes that it leaves open to exploitation.

Ach well, hopefully this will just convince my cousin that it can't be sold and give his car to me for a couple of hundred quid :)
 
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