Gyroscopic Investing

I sold iPhone 5 on Ebay to a fraudster that issued “ITEM NOT AS DESCRIBED”? chargebacks against me and 3 other sellers and won. eBay/Paypal did not cover me under Seller Protection and did very little to dispute the chargebacks or to force the buyer to send it back.

Im out of nearly a thousand dollars(after ebay fees) and the iPhone while the fraudulent buyer is enjoying his FREE iPhone from me and 3 other sellers and both Paypal and Ebay do collect fees from these fraudulent transactions that they do not help with resolving.

http://codenerdz.com/blog/2012/12/03/th ... ink-again/

I read stories like this a lot, but I've sold thousands of items on my store using PayPal as a payment processor and I've never had a problem in any of the thankfully very small number of customer disputes I've handled. To a certain extent, I think that eBay and PayPal are so huge and popular that problems like this are bound to happen every once in a while, but it's clearly not some sort of epidemic or else sellers would be abandoning the platforms in droves.

If it's true that "Paypal doesnt enforce the buyer to return the item in case of merchandise as described," then I would personally go after Paypal in small claims court.  That's not legal advice, just what I would do given the significant sum.