This page is designed to warn buyers and sellers about reported scammers and fraudulent purchases or sales. In the event of fraudulent transactions with PayPal, please report them to PayPal. If you were a victim of a crime, we highly recommend filing a complaint with the Internet Crime Complain Center (ic3.gov), which will inform the FBI and state law enforcement agencies as well as international law enforcement agencies. We also recommend contacting local law enforcement as well. These agencies may be able to recover stolen money and coins from the other side of the world as well as put someone in prison.
May 4, 2013
Scammer with multiple accounts - Fake Checks
We have been notified of a buyer who has purchased a number of coins from various sellers. It appears that they are contacting members through private messages and/or buying coins using checks and money orders. Some sellers have reported that the checks are indeed fake and will not clear at the bank. Never ship your coins out until your checks clear and when you have actually received payment. We found that they have 5 usernames (based out of Evansville, Indiana again under a different IP address branch) and have banned them until further notice:
Also, sellers can "Cancel" their invoices with this buyer - which will delete the invoices, automatically re-list your coins for sale as they were before and remove any USA Coin Book fees based on those invoices. To do this, please view your "Sold" invoices list and select "Cancel Invoice" from the dropdown options on the items you have sold to this buyer. Always remember: Never ship out your coins until your payment is secure in the bank, especially with checks and money orders.
January 29, 2013
Scammer with multiple accounts - Bounced Checks
We have been notified of a buyer who has purchased a number of coins from various sellers. It appears that they made a few small legit payments to boost their feedback rating and then sent bounced checks for larger, more expensive orders. We found that they have 4 usernames and have banned them until further notice:
It appears to be the same scammer from July 27, 2012 with similar usernames, but operating from a different location based out of Evansville, Indiana. To any sellers who have sold coins to "lincoln007" or the above usernames, please be cautious.
Also, sellers can "Cancel" their invoices with this buyer - which will delete the invoices, automatically re-list your coins for sale as they were before and remove any USA Coin Book fees based on those invoices. To do this, please view your "Sold" invoices list and select "Cancel Invoice" from the dropdown options on the items you have sold to this buyer. Always remember: Never ship out your coins until your payment is secure.
July 27, 2012
Scammer under multiple accounts
We have been notified by various buyers and seller about a member not sending out coins and not paying for coins. Upon further research, we found that this member has 10 different accounts:
These 10 accounts have been locked until further notice. Apparently, this member is not responding to most emails but has been willing to return money to some members using Google Checkout or PayPal. In the past, this member has apparently been fair, but there is no way to tell if they are tricking members with false positive feedback. Either way, we recommend ceasing all sales and transactions as well as getting any money back from this member considering the suspicious activities of these 10 accounts.
March 20, 2012
Russian Buyer Scam Alert
We were notified today by seller and PayPal about a fraudulent buyer from Russia going by the names collectman and Uncharted. They signed up at USA Coin Book using a stolen PayPal account and are buying coins from sellers. After sellers have shipped out coins, PayPal discovers the buyer account was stolen, tries to recover the funds from the seller and the seller loses the payment and coins. This scammer was using the follow shipping addresses and names:
st. Lenina 73 35
Yoshkar-Ola, Mari-El, 424003
Kirova 11V 22
Yoshkar-Ola, Mari-El, 424000
We have locked both of these accounts, so they won't be allowed to purchase coins. This message is a warning for sellers to be on the lookout for any suspicious buyers and addresses like this. If you encounter this seller with another account name, do not ship the coins out and report them to us so that we can block them. Also, report the buyer to PayPal and local law enforcement. When you have to refund money in this case, we will refund the fees back to your account as well.