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Old 12-17-2012, 09:10 AM   #147
Join Date: Nov 2012
Location: NYC
Posts: 114

Originally Posted by danimal View Post
This won't be a loan! Haiku won't be paying any of this money back. There are a few details that make this a 100% scam and you just have to understand how Paypal works.

He sells thousands of dollars in mystery lots on December 10 but can't ship until December 18. This date was not a coincidence. This 8 day gap was to provide him cover for him to transfer the money from PayPal to his bank account. That 8 days gives him 100% assurance the transfer will go through before anyone starts questioning him. Because if anyone files a claim then PayPal stops the bank transfer. So at this point Haiku has completed his scam and his Paypal account he used is just going to have a really big negative balance. He isn't going to be out anything.
Exactly how it works.
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