PayPal Dumps are not what you may think they are. They may seem like a legitimate way for a business owner to get all of their money paid by using PayPal, but in actuality, it is completely illegal. PayPal Dumps is a scheme by which an individual uses one PayPal account to withdraw money from various other PayPal accounts. The “money” being withdrawn includes fees, penalties, and interest.
PayPal Dumps is nothing more than a scam. By utilizing a third-party service to withdraw money from your PayPal account, you are opening yourself up for a full investigation by the Better Business Bureau, eBay, and others. This is not what people who use PayPal are used to. They are used to having their money go directly into their bank accounts.
It is simple to check if you are a victim of a PayPal Dump. Simply go to the PayPal website and click on “Dumps”. There will be a screen that displays your current balance. If you see any amounts that are due, this means that someone has used your account without permission. This type of activity is illegal and you can report them by filling out the necessary forms with your financial institution or by contacting the Better Business Bureau.
To avoid having your accounts Dumped, you have to act now. The longer you wait, the more money that will be removed from your account and transferred to a new PayPal account. If you wait too long, you will lose even more money and have no way to get it back.
Many different companies will attempt to get money from your PayPal account. Many of them will promise to get the money, but only end up taking your money and never deliver. You should never pay money to anyone to get your account dumped.
You can try to avoid getting a PayPal Dump by never paying any fees to anyone for anything. You never need to pay anything to anyone ever. It’s just one more way that the dishonest and unscrupulous use the internet. One example of this is getting a membership to an online bank. If you ever need to cancel the membership, never pay any charges to do so.
Never give out your personal information online. PayPal Dumps from Carders Forum is a cause of many identity theft issues. PayPal takes your personal information very seriously and you should never give it out. Using common-sense goes a long way with using the internet, don’t you?
Also, if you do find yourself getting a PayPal Dump, DO NOT pay the thief! They are after the money, not the merchandise. The thief has many ways to get your money now and in the future. If you don’t have the money now, please contact law enforcement immediately. They will help you or charge you a large fine.