Liberty Reserve Auction Fraud

[kingking]

Scammers and fraudsters may take advantage of some customers by offering unusually low prices for goods on various auction sites and entice you to pay them via Liberty Reserve. Please make sure that their reputation is good and keep in mind that they can create accounts and build up their reputations fraudulently.

Auction thieves could also entice you to use a fraudulent escrow service (owned by the scammers) online to create the illusion that your funds are safe until you receive your product. Do not fall for it. You will not receive your product and the escrow service will not answer your emails after you pay them.


Liberty Reserve is not qualified, nor does it have the investigative tools or legal permissions, to conduct criminal or civil investigations of any Liberty Reserve merchant or user. Liberty Reserve's only recourse is to rely on legitimate court orders or arbitrations in order to freeze or close or limit any particular account, except where Liberty Reserve has direct knowledge of malfeasance such as a hacking attempt on its servers or other security violation against Liberty Reserve or its users.

Always use your head when paying others with Liberty Reserve! Please read Liberty Reserve's Terms of Service, and pay particular attention to this section:

[Postworker23]

We can prevent this if we report such cases to Liberty Reserve support. They can bring you the money you have been scammed back to your account and frozen the account of the scammers.

[bulastika]

I think if Liberty reserve will go down ptp will just going to look for another ecurrency but not another merchant processor. I think merchant processor is much more risky for a ptp site. That why LR is so popular in hyip and in ptp is that because LR is just an ecurrency. unlike ap and pp that is merchant processor.