Is this a scam?


I would appreciate some help with this, which has happened to me in the last few days.  I listed an item on a site, not Audiogon but another one, and got an offer within a few days.  The offer was lower than asking price, but reasonable, so I accepted.  All of this happened with an exchange of emails.  The buyer wanted to send me a deposit which was about 1/4th of the total sales price, and that amounted to a few thousand dollars.  He said he would send the rest when the item was shipped.  I thought this was a little strange, but agreed to it -- today I received his deposit via Paypal Friends and Family.  Somehow I wish now that the money transfer hadn't happened.  But the good news is, I have not yet sent him the items.

The guy has very little purchase history on the site that was used to contact me.

He says he has a Freight Forwarder and and will have someone pick up the items.  All of this seems suspicious to me.  I fear that perhaps I have been paid with a stolen credit card number, for example.  Of maybe there is another angle here that I cannot perceive.  Has anyone else been through a process like this?  I think he is a scammer but don't know for sure.

Ag insider logo xs@2xscottwsmith

If anyone says you ship first and only after shipping confirmation (or pick up) then you get paid balance amount- that is a red flag. I have paid deposits or partial payment initially to secure the sale- that is ok but any mention of shipping before payment is a scammer at work. Shipping should be after you receive payment or at time of pick up (local transaction).

 

Until you have the funds irrevocably in hand, never release your goods. But if you have a "bad feeling" about a transaction, back away form it.

That said, I've sold to buyers who use freight forwarders with no issue. Their use generally implies the goods are headed overseas. The forwarder completes all the export docs, occasionally the import docs as well, and arranges shipping. Freight forwarders get paid to provide this service. Having exported equipment, I'd rather pay someone to take care of all this.

Worth repeating: until you have the funds irrevocably in hand, never release your goods.

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