Once you've pulled the money out to your bank account, it's safe.
If he tries to rip you off and does a paypal scam, paypal will refund him and put your paypal account into a negative balance.
They will email you, phone you, generally nag you, they don't want to take the hit when somebody pulls a scam using their system.
Eventually they'll get bored of asking for the money and pass the account onto their "debt collectors". You should be really scared, these guys send begging letter with scary RED INK!
Don't worry about them, they are a private company with no more power to take money from you than the man in the street. They are very good at writing threatening letter (in the same way the scam private parking ticket guys operate), but that about it.
Will it get "legal"? Probably not, for it to get "legal" Paypal would need to take you to court using the small claims track. Do you really think Paypal want their business model anywhere near a court ...
If he tries to rip you off and does a paypal scam, paypal will refund him and put your paypal account into a negative balance.
They will email you, phone you, generally nag you, they don't want to take the hit when somebody pulls a scam using their system.
Eventually they'll get bored of asking for the money and pass the account onto their "debt collectors". You should be really scared, these guys send begging letter with scary RED INK!
Don't worry about them, they are a private company with no more power to take money from you than the man in the street. They are very good at writing threatening letter (in the same way the scam private parking ticket guys operate), but that about it.
Will it get "legal"? Probably not, for it to get "legal" Paypal would need to take you to court using the small claims track. Do you really think Paypal want their business model anywhere near a court ...
