Payco - A Scam?

purse-n-boots · May 1st, 2008, 11:43 AM

Someone offered to buy something with a money order. I explained that was fine but I will wait until it clears the bank. The buyer said that is fine by him.

The next day I get an email from PAYCO - the email lies and said they are "in conjunction with eBay" and "papal verified". I suppose they might have a verified account with paypal but that doesn't matter because the payment doesn't go through paypal.

They say they are holding my money order until I send in tracking info. They said they won't give the buyer the tracking number until the send the money order.

SO WHAT - They don't have to send the money order if I already gave them a tracking number. Even if they do - I have never heard of this company in over two years. If they lie about their "conjunction" with eBay, what else do they lie about?

Has anyone used or seen PAYCO before?

IF NOT - Don't be caught with your pants down if you get an email from them.

Elara · May 1st, 2008, 12:51 PM

Lol- the only thing I can find about "Payco" on the web is some company that does payroll software. Clearly a scam, as you have already pointed out.

sarahloveslouis · May 1st, 2008, 01:58 PM

Definitely sounds like a scam and they are trying to pull an escrow type transaction...

Don't buy into this. Go with your gut!

KayMomto3 · May 1st, 2008, 02:02 PM

Yeah that sounds like a scam to me!!

skigirl73 · May 1st, 2008, 02:14 PM

Sounds like a scam. I've never heard of them and never heard of having to provide tracking before the funds are released. Definitely don't ship the item!!! Let us know if you find out any more info.

moi et mes sacs · May 1st, 2008, 08:08 PM

sounds like Scamco to me. Well done for spotting it and not going any further.

purse-n-boots · May 2nd, 2008, 11:38 AM

YAH! They claim to be 'in conjuction with' eBay...

Here is a part of eBay's site:

Payment Services not permitted on eBay: AlertPay.com, anypay.com, AuctionChex.com, BillPay.ie, ecount.com, cardserviceinternational.com, CCAvenue, ecount, e-gold, eHotPay.com, ePassporte.com, EuroGiro, FastCash.com, Google Checkout, gcash, GearPay, Goldmoney.com, graphcard.com, greenzap.com, ikobo.com, Liberty Dollars, Moneygram.com, neteller.com, Netpay.com, paychest.com, payingfast.com, Payko.com, paypay, Postepay, Qchex.com, rupay.com, sendmoneyorder.com, stamps , Stormpay, wmtransfer.com, xcoin.com

That puts up a read flag all over the place. They even email be and said they are not lying about being in partnership with eBay.... who are they kidding?

I gave them a random tracking number just to hear them lie about my funds being mailed. kekeke

May 1st, 2008, 11:43 AM	#1
purse-n-boots Member Location: Midwest	Payco - A Scam? Someone offered to buy something with a money order. I explained that was fine but I will wait until it clears the bank. The buyer said that is fine by him. The next day I get an email from PAYCO - the email lies and said they are "in conjunction with eBay" and "papal verified". I suppose they might have a verified account with paypal but that doesn't matter because the payment doesn't go through paypal. They say they are holding my money order until I send in tracking info. They said they won't give the buyer the tracking number until the send the money order. SO WHAT - They don't have to send the money order if I already gave them a tracking number. Even if they do - I have never heard of this company in over two years. If they lie about their "conjunction" with eBay, what else do they lie about? Has anyone used or seen PAYCO before? IF NOT - Don't be caught with your pants down if you get an email from them. __________________ www.purse-n-boots.com

May 1st, 2008, 12:51 PM	#2
Elara Member Location: Richmond, VA	Re: Payco - A Scam? Lol- the only thing I can find about "Payco" on the web is some company that does payroll software. Clearly a scam, as you have already pointed out.

May 1st, 2008, 01:58 PM	#3
sarahloveslouis One Lucky Lady	Re: Payco - A Scam? Definitely sounds like a scam and they are trying to pull an escrow type transaction... Don't buy into this. Go with your gut! __________________ Is it already that time again?

May 1st, 2008, 02:02 PM	#4
KayMomto3 Member Location: Sunny SoCal	Re: Payco - A Scam? Yeah that sounds like a scam to me!! __________________ Pondering a work in some kind of green and pretty much anything 04 or earlier What if the Hokey Pokey IS what it's all about??

May 1st, 2008, 02:14 PM	#5
skigirl73 Member Location: Denver, CO	Re: Payco - A Scam? Sounds like a scam. I've never heard of them and never heard of having to provide tracking before the funds are released. Definitely don't ship the item!!! Let us know if you find out any more info. __________________ 20% off Xengevity for tPF members. Contact me to find out how. www.myxengevity.com/vickibruno

May 1st, 2008, 08:08 PM	#6
moi et mes sacs Science Geek!	Re: Payco - A Scam? sounds like Scamco to me. Well done for spotting it and not going any further. __________________ If you never change your mind, why have one? Edward de Bono

May 2nd, 2008, 11:38 AM	#7
purse-n-boots Member Location: Midwest	Re: Payco - A Scam? YAH! They claim to be 'in conjuction with' eBay... Here is a part of eBay's site: Payment Services not permitted on eBay: AlertPay.com, anypay.com, AuctionChex.com, BillPay.ie, ecount.com, cardserviceinternational.com, CCAvenue, ecount, e-gold, eHotPay.com, ePassporte.com, EuroGiro, FastCash.com, Google Checkout, gcash, GearPay, Goldmoney.com, graphcard.com, greenzap.com, ikobo.com, Liberty Dollars, Moneygram.com, neteller.com, Netpay.com, paychest.com, payingfast.com, Payko.com, paypay, Postepay, Qchex.com, rupay.com, sendmoneyorder.com, stamps , Stormpay, wmtransfer.com, xcoin.com That puts up a read flag all over the place. They even email be and said they are not lying about being in partnership with eBay.... who are they kidding? I gave them a random tracking number just to hear them lie about my funds being mailed. kekeke __________________ www.purse-n-boots.com