View Full Version : Scammed by LocalBitcoin sellers!!

10-20-2015, 10:06 PM
I've got scammed by (NewBtc1@yahoo.com) on LocalBitcoin, I wanted to cash out an old debt

from a friend via Paypal my cash cards due to the fact that I don't have a Paypal account.

The user (NewBtc1) told me that we should do the transaction off the LocalBitcoin website

if I want to receive other currency than Bitcoin as payment. I send him 5 codes of $500,

after he came up with a stupid story that one of the cards was refunded in the meantime..

he told me that he can't pay me because he opened the transaction for $2,500 and he can't

cash out only $2,000 to give me my share. So the idea was to send him another $500 loaded

on a Paypal my cash card. I went myself to a Walgreen's retailer and bought a $500 Paypal

my cash card thinking not to lose the other $2,000. I sent him the last code of $500 and

that was the last time I've herd from him. So this is how I've got ripped of a total of

$3,000. I've announced authorities and PayPal and they are investigating this. I just

posted this so no one else will trust him and get ripped of his money.


10-20-2015, 10:34 PM
That sounds like he was using a variation of the overpayment scam.

And Googling the username NewBTC1 shows that he's been scamming people for a while now.