Posts Tagged ‘paypal’

A fool and his money are easily parted: e-gold and PayPal scams abound!

June 29th, 2007 by Sarah King

People who do business online frequently have their earnings held by pseudo-banks such as PayPal and e-gold. A problem then arises when the same people need their money out of these pseudo-banks or transferred between them.

The most common way to do it appears to be to find someone who is happy to trade. So A puts money into B’s PayPal account and B puts money into A’s e-gold account. Read the rest of this entry »