I know its obvious, but i have had a guy default on a transfer and keep the money a few months ago. I have been in touch with the police who referred it to CID. I waited 4 months to find anothr method before i went to the police as i didnt want to waste their time.
Anyway, the CID officer told me on the phone today that he was following up but was so busy at the moment as he was dealing with over 100 cases of this EXCACT same thing with domains (not the same guy)! He said its a new particular rife form of fraud and urged me to be very careful.
I would say unless you know the person to use escrow and be very careful, when selling a name also good to remember that paypal can be retracted by the buyer after the transaction. If you do want to go ahead without escrow, take a phone number, address etc and get on the phone with the person before hand.
Rob
Anyway, the CID officer told me on the phone today that he was following up but was so busy at the moment as he was dealing with over 100 cases of this EXCACT same thing with domains (not the same guy)! He said its a new particular rife form of fraud and urged me to be very careful.
I would say unless you know the person to use escrow and be very careful, when selling a name also good to remember that paypal can be retracted by the buyer after the transaction. If you do want to go ahead without escrow, take a phone number, address etc and get on the phone with the person before hand.
Rob