Facebook advert make money if you have a PayPal account

Gullible2

This week I have lost £5,000 because I stupidly let my guard down. Advert on Facebook, I called for more info they said simple money into your account you send it to them keep 10% completely safe and legal.... Add me as payee in your bank Acct and give me PayPal password for security.. Immediately 300 in my bank.. Send it back they said I did, send me 90 it is in your PayPal Acct... What? 2 hours later 5k came into my PayPal and was transferred to my bank Acct, I sent it to them immediately and even before it had cleared.. Thinking I would earn money and feeling overwhelmed by amounts and speed and unable to stop it, do it, do it, they said via what's app, faster faster... How gullible I was sucked in and having reported it to police etc PayPal limited my acct and paid all these people back.. I am liable for the 5k, the bank have their names and account details, but nothing is happening as their acct is empty now.... Never ever be sucked in.. Late at night seems like a good idea this was all from midnight to 2.00 am and now my life will be in debt forever... As I am retired, and have no income. This will take a long time to pay back. I can find no one else that has been conned this way so I am putting it here to remind everyone do not get sucked in to making a quick buck for Christmas. I am usually so careful.....

glentoran99

Has to be a trolling post

Gullible2

How so... I am genuinely just trying to warn others... Don't understand why you would say that... In the cold light of day I cannot believe I was so stupid.... But it happened and now I am broke and I just thought it would be good to stop anyone else being taken in.

ricardinho88

Anyone else pretty confused?

Azari

Does sound very unlikely for the following reason:

If what the OP describes was possible, then a scammer could have set up a fake account to use instead of the OP's, and then one of the financial institutions involved would have lost money when the scammer vanished.

Financial institutions do not like losing money and make damn sure they are protected, which the would not be the case if what OP described were possible.

Azari

Gullible2 wrote: »

How so... I am genuinely just trying to warn others... Don't understand why you would say that... In the cold light of day I cannot believe I was so stupid.... But it happened and now I am broke and I just thought it would be good to stop anyone else being taken in.

Your post is so rambling that it's hard to make out exactly what you are claiming happened.

But, as I said earlier, it would appear the a financial institution has effectively paid money of uncertain provenance into a black hole.

Now, we know that this is possible over a longer timescale but it seems unlikely it could happen so fast.

Perhaps if you calmly stated what happened in the exact order it happened, separating each event into its own paragraph, and omitting your 'stream of conciousness', it would be easier to see what you are getting at.

tomtontom

This is a well known scam. I'm sorry OP you got greedy and lost. Speak to the bank about a repayment plan if you need to, or one of the debt management charities may be able to help.

PasturesNew

This is a well known scam. "You receive money for us. Keep 10%. Simply pass us 90%". Often seen in ebay sales where you're seen to be selling an item, you receive the money and tell the suppliers who to send it to and you send them 90% of what you received. The goods don't exist/never arrive.

The thing is that the person you are sending YOUR money to is a fraud.

When discovered, the person who sent you the money is reimbursed, the scammer's got 90% of that and disappeared and you find you are the one doing the reimbursing.

Azari

tomtontom wrote: »

This is a well known scam. I'm sorry OP you got greedy and lost. Speak to the bank about a repayment plan if you need to, or one of the debt management charities may be able to help.

PasturesNew wrote: »

This is a well known scam. "You receive money for us. Keep 10%. Simply pass us 90%". Often seen in ebay sales where you're seen to be selling an item, you receive the money and tell the suppliers who to send it to and you send them 90% of what you received. The goods don't exist/never arrive.

The thing is that the person you are sending YOUR money to is a fraud.

When discovered, the person who sent you the money is reimbursed, the scammer's got 90% of that and disappeared and you find you are the one doing the reimbursing.

It is, indeed, a well known scam, but there is something not quite right about this story.

Everything happened too fast, and if this could be done in the manner described people could be taking the banks for millions with no need for unsuspecting dupes.

pmduk

Facebook is not a place to conduct business.

Gullible2

The advert said earn up to 5,000 if you have a PayPal account. I contacted them to ask how this worked they said money comes into your bank account, you transfer it and keep 10%. They gave me payee details to add to my bank account, and asked me for my password to my PayPal account. Which I stupidly gave to them. They then sent £300 to my bank account, and said to return it, which I did. Check your PayPal account they said.. And there was money pouring into it from all over the world... They then transferred the money to my linked bank account where they are listed as a payee. Transfer Amounts were demanded by them so I transferred all the money they demanded. All the PayPal transactions reported their money as being unauthorised so account locked and all money returned to them making me liable for all of it. Meanwhile I had transferred all the demanded money to the payee resulting in nearly £6k going to them. At the time I didn't analyse what was happening just responded to their demands... And they will go free and I am locked in debt because I transferred the money to them. They were the ones who somehow directed all the peoples payments to my PayPal.... I have no idea how and never authorised them to do so. I am not a troll! Just sharing an experience to stop others being sucked in. I have provided all the contact details to the police and a full transcript of the what's app msg's (485 in total) but it is very unlikely I will ever see that money again. Have had to get a loan to pay PayPal.