Topic Wiki

https://www.dansdeals.com/more/dans-commentary/dark-side-earning-credit-card-points-psa-dont-swipe-others/

https://www.mixcloud.com/zev-brenner/talkline-with-zev-brenner-on-credit-card-scams-affecting-the-orthodox-jewish-community/

http://podcast.headlinesbook.com/e/31616-credit-card-miles-and-points-swiping-for-rewards-buying-and-selling-miles-is-it-assur-and-a-chillul-hashem-or-a-great-way-for-a-side-parnassah/



BEFORE SWIPING FOR SOMEONE READ THIS: (first hand story)

https://forums.dansdeals.com/index.php?topic=36812.msg2062371#msg2062371
https://www.dansdeals.com/more/dans-commentary/dark-side-earning-credit-card-points-psa-dont-swipe-others/#comment-1399884


Dan's warning to DDF:
I hope people realize that any buying group or anyone else that gets merchandise in advance of payment can go south at any time. That's even if you get a check at the time of delivery.
X-posting as I don't want anyone to say that I never put a warning here.

A story that ended up in court - https://iapps.courts.state.ny.us/nyscef/DocumentList?docketId=iRcRHuyZUdOIx69D00a5XQ==&display=all&courtType=Kings%20County%20Supreme%20Court&resultsPageNum=1


I am one of the biggest buyers for buying groups, I have done millions in transactions and have sent to every group there is over the past 3 years. Most buying groups are okay, some scan in slower than others, some pay slower than others - most will lose a few packages over the year. You can research and find which are better for you.

However there is a bigger problem now with Amazon itself.  Amazon in the past has been great with any problems always ready with a refund for lost packages even if it was thousands of dollars. Lately Amazon has clamped down and has tagged these buying groups addresses  in their systems as "freight forwarder" and now no longer will fix any problem you have whatsoever. Doesn't matter what the problem is, even if it shows the package was never delivered, amazon will not help you in any way. Their copy and paste response will always be "this item was sent to a freight forwarder and we're unable to replace or refund the item. We recommend contacting your freight forwarder for more details, as we don't have any more insight or information regarding this matter, For more information about sending items via freight forwarders, please visit our Help Pages: https://www.amazon.com/gp/help/customer/display.html?nodeId=201117950." As well the amazon drivers either must know this or have been increasingly bad at delivering packages because the numbers of packages missing has gone up astronomically. Previously you would have very few packages missing, now the past 3 months I have had 59 "lost" packages. I now have over $15,000 of loses and some guy in Delaware is probably living the life with all the stuff he stole from me. I will survive, I have made a lot more than $15,000 over the years however just a warning to others here that things are not as they used to be and it really is no longer worth doing buring groups with all the loses piling up

« Last edited by Yo ssi on July 24, 2023, 06:47:26 PM »

Author Topic: PSA: Don't swipe recklessly for others  (Read 1182551 times)

Offline Mountain Man

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2013
  • Posts: 892
  • Total likes: 34
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: Colorado
Re: PSA: Don't swipe recklessly for others
« Reply #740 on: May 03, 2018, 09:47:34 AM »
Unless you give it to them in exchange for a check which then bounces
Any dps on that? I had one $15k check that bounced but they were proactive and cut a new check same day so my account wasn't overdrawn.
Quote from: JTZ link=topic=10531.msg1695873
If you never had to eat crow then you lived one boring life.

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #741 on: May 03, 2018, 09:47:50 AM »
Unless you give it to them in exchange for a check which then bounces
Bingo!!!
I am not saying anyone is dishonest. Many just don't have the funds to make things right if something goes bad. You will find out a persons real character when something goes wrong.
I just found a new supply of forks!

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #742 on: May 03, 2018, 09:49:51 AM »
Any dps on that? I had one $15k check that bounced but they were proactive and cut a new check same day so my account wasn't overdrawn.
...and why did the check bounce?
I just found a new supply of forks!

Online farmbochur

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2011
  • Posts: 1796
  • Total likes: 233
  • DansDeals.com Hat Tips 19
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #743 on: May 03, 2018, 09:51:09 AM »
Isn't it patent/trademark infringement to sell Apple products without authorization from the company?
Risk is opportunity

Offline Mountain Man

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2013
  • Posts: 892
  • Total likes: 34
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: Colorado
Re: PSA: Don't swipe recklessly for others
« Reply #744 on: May 03, 2018, 09:51:52 AM »
...and why did the check bounce?
Who knows but they reached out to me with a new check before I even knew it did.
Quote from: JTZ link=topic=10531.msg1695873
If you never had to eat crow then you lived one boring life.

Online yelped

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2015
  • Posts: 10467
  • Total likes: 3825
  • DansDeals.com Hat Tips 43
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #745 on: May 03, 2018, 09:52:08 AM »
Unless you give it to them in exchange for a check which then bounces
Oops. Good point.

Offline AJK

  • Dansdeals Lifetime 20K Presidential Platinum Elite
  • ********
  • Join Date: Jun 2011
  • Posts: 25419
  • Total likes: 721
  • DansDeals.com Hat Tips 15
  • Gender: Male
    • View Profile
  • Programs: United Concierge Key; Delta Global Services; American Chairman; US Airways 1K; Hilton Sapphire; Hyatt Tritium; Marriott Californium; Starwood Kryptonium; Hertz Plutonium; National Adamantium, Avis Executive Proactanium
Re: PSA: Don't swipe recklessly for others
« Reply #746 on: May 03, 2018, 09:52:32 AM »
Isn't it patent/trademark infringement to sell Apple products without authorization from the company?
No.
2015: 116K bkd | 1.6M brnd | F: OZ,NH,AA,EK | J: UA,CA,TK,DL,TN,AF,VA | LIH,NRT,ROR,PEK,CNS,BOB,MEL,TLV & Pacific Hopper

Online yelped

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Mar 2015
  • Posts: 10467
  • Total likes: 3825
  • DansDeals.com Hat Tips 43
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #747 on: May 03, 2018, 09:52:43 AM »
Isn't it patent/trademark infringement to sell Apple products without authorization from the company?
What?

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #748 on: May 03, 2018, 09:55:15 AM »
Who knows but they reached out to me with a new check before I even knew it did.
Bounced check is a red flag. Extending the time to make a payment is another.
I just found a new supply of forks!

Online mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8355
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #749 on: May 03, 2018, 10:00:08 AM »
PSA: Be very careful doing this. Most of these are shoestring operations and have no backup capital if something goes wrong.
You'd be surprised how much capital is invested in these guy.
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Online mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8355
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #750 on: May 03, 2018, 10:00:43 AM »
There is no way in the world that that guy got 50 MacBook orders through. POIDH
-1
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline Mountain Man

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2013
  • Posts: 892
  • Total likes: 34
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: Colorado
Re: PSA: Don't swipe recklessly for others
« Reply #751 on: May 03, 2018, 10:03:50 AM »
Bounced check is a red flag. Extending the time to make a payment is another.
Or it was January and the amount of volume was really high and they were proactive and covered the $15 OD fee.

In a transaction like this you'll always have counterparty risk. Many things can go wrong. But I think there is strength in numbers. Larger established groups have a reputation. It's not worth screwing someone in the short run when working honestly can be much more profitable in the long run.

Quote from: JTZ link=topic=10531.msg1695873
If you never had to eat crow then you lived one boring life.

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #752 on: May 03, 2018, 10:04:28 AM »
You'd be surprised how much capital is invested in these guy.
Just like I would surprised how much capital is invested in mile/points brokers?  ;)
I just found a new supply of forks!

Online mmgfarb

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Dec 2015
  • Posts: 8355
  • Total likes: 1110
  • DansDeals.com Hat Tips 4
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #753 on: May 03, 2018, 10:05:46 AM »
Just like I would surprised how much capital is invested in mile/points brokers?  ;)
Lol, I'm not saying they all have large capital investors but some definitely do, they're dealing with millions in liquid funds.
"JS [is] a fetid cesspool of unvarnished linguistic manure, with lots of useless drivel and post-padding." -Moishebatchy

Offline yuneeq

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2013
  • Posts: 8611
  • Total likes: 3999
  • DansDeals.com Hat Tips 10
  • Gender: Male
    • View Profile
  • Location: NJ
Re: PSA: Don't swipe recklessly for others
« Reply #754 on: May 03, 2018, 10:06:17 AM »
Visibly Jewish

Online farmbochur

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2011
  • Posts: 1796
  • Total likes: 233
  • DansDeals.com Hat Tips 19
    • View Profile
Risk is opportunity

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #756 on: May 03, 2018, 10:09:50 AM »
Or it was January and the amount of volume was really high and they were proactive and covered the $15 OD fee.

In a transaction like this you'll always have counterparty risk. Many things can go wrong. But I think there is strength in numbers. Larger established groups have a reputation. It's not worth screwing someone in the short run when working honestly can be much more profitable in the long run.
You missed the point. If they can't cover Januarys high volume then there is a big problem. They are not looking to screw anyone. The question is can they cover unexpected situations. If they front someone 1mm of product and that person goes belly up now what happens?
I just found a new supply of forks!

Offline ben89

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Jul 2015
  • Posts: 2855
  • Total likes: 198
  • DansDeals.com Hat Tips 142
    • View Profile

Offline ChaimMoskowitz

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jun 2014
  • Posts: 6738
  • Total likes: 1097
  • DansDeals.com Hat Tips 1
  • Gender: Female
    • View Profile
Re: PSA: Don't swipe recklessly for others
« Reply #758 on: May 03, 2018, 10:12:01 AM »
Lol, I'm not saying they all have large capital investors but some definitely do, they're dealing with millions in liquid funds.
So now you have to figure out who has the liquid funds. A bounced check does not give me a warm fuzzy feeling.  :)
I just found a new supply of forks!

Offline Mountain Man

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Dec 2013
  • Posts: 892
  • Total likes: 34
  • DansDeals.com Hat Tips 10
    • View Profile
  • Location: Colorado
Re: PSA: Don't swipe recklessly for others
« Reply #759 on: May 03, 2018, 10:24:17 AM »
You missed the point. If they can't cover Januarys high volume then there is a big problem. They are not looking to screw anyone. The question is can they cover unexpected situations. If they front someone 1mm of product and that person goes belly up now what happens?
I had no issues before or afterward and they were proactive with the check. If they went belly up I doubt you'd take a total haircut unless they really were botching things up. But I think you'd have other clues to that well in advance. You can never totally mitigate risk. You do what you are comfortable with.

While the risks might not be clearly defined, there are clearly risks so you work to protect yourself. Most people working a regular job (for example) with clearly defined risks don't protect themselves from a much bigger risk of getting let go or not being paid timely.
Quote from: JTZ link=topic=10531.msg1695873
If you never had to eat crow then you lived one boring life.