PSA: Don't swipe recklessly for others

[mlight]

Ooooh what happened now?


ETA: https://old.reddit.com/r/churning/comments/11r167g/daily_discussion_thread_march_14_2023/jcbu0ue/

Not involved at all bh but seems like ppl are left holding the bag upto hundreds of thousands of dollars

[aygart]

Not involved at all bh but seems like ppl are left holding the bag upto hundreds of thousands of dollars

Who could've foreseen that!

[htg123]

Not involved at all bh but seems like ppl are left holding the bag upto hundreds of thousands of dollars

any more detail? seems like reddit censored the posts.

[GettingReady]

People are still going in for new rounds and trying to get others to sign up

[Essen est zich]

Im tired of certain BG taking 3 weeks to pay.

[Euclid]

Im tired of certain BG taking 3 weeks to pay.

3 weeks?? 4-5 weeks seems like standard these days

[AussieMan]

3 weeks?? 4-5 weeks seems like standard these days

There was a post upthread going through the various groups and time frame.
I'd love someone who buys frequently for many groups to do a comprehensive
Time to scan in
Time to pay
Time to resolve ticket
Time for change in price (when they modify to below cost they usually give some.time at higher price)

[Mootkim]

There was a post upthread going through the various groups and time frame.
I'd love someone who buys frequently for many groups to do a comprehensive
Time to scan in
Time to pay
Time to resolve ticket
Time for change in price (when they modify to below cost they usually give some.time at higher price)

Can run through a few of the groups:

Time to scan in - Tdb, CNJ and MOD are currently a few days behind scanning. BFP, BGR, MYS, and BFMR are usually same day scan. USA is usually delayed longer than a couple of days. EMB is scan day after delivery.

Time to pay - BFP at around 4-5 weeks. USA at around 2-3 weeks. EMB night of request. BFMR night of scan if before a certain time that day. BGR about a week. MYS dont know from recently but seems about 2-3 weeks. MOD is currently at 2+ weeks. TDB is slightly below 2 weeks currently. CNJ at around 9 days.

Time to answer tickets - I think most are within same day to 1 or 2 days

Price changes - Going to spew a little here and people may disagree. MOD been giving some hard cutoffs for price changes. TDB been more lenient. EMB pays what they want when they want and accepts only if they want. BGR is random with price changes and can change instantly without anything to do about it. BFMR usually gives at least a day or 2 to get tracking in to lock higher price. USA locks with your commitment as long as it arrives there before the exp date.

[GettingReady]

I think that’s a great summary of those groups. The only thing I would add is that there’s a lot of theft and lost packages to Delaware. Some groups are worse than others. Amazon is becoming harder and harder to get a refund—even more so if they consider it a freight forwarder. They’re also saying that the wrong item was returned and refusing to refund. This isn’t just specific to Buyers groups. There’s DPs on Reddit from regular consumers about Amazon issues.

[yg99]

Wanted to share a positive experience with MYS.
I ordered two of an item for a different group and shipped it by mistake to MYS.
MYS notified me same day that they received it in error and offered to return it.

For some reason Amazon issued 2 returns with two separate labels. MYS was kind enough to return them in separate boxes and I got my full refund from Amazon.

With all the negatives, I figured a positive would be nice for a change.

[knowitall]

When will our community understand basic risk/reward? If something is too good to be true, it probably is. If there’s such an easy/Gauranteed way to make money, why wouldn’t everyone do it? If it’s so safe why won’t the banks lend at sub 10% rates? Or investors lend with Iska at 15~%?

Do some due diligence, look at bank statements/tax returns/etc.

And if you do insist on still “investing”, protect yourself! Get an attorney- contracts, collateral, etc.

More details will emerge soon.

Our lack of financial intelligence never ceases to amaze me. End rant

[GettingReady]

Is it lack of financial intelligence or greed?

[AsherO]

More details will emerge soon.

Following

[knowitall]

Is it lack of financial intelligence or greed?

Both.

[Shauly101]

More details will emerge soon.

Our lack of financial intelligence never ceases to amaze me. End rant


Govt component makes it look sweeter.
But it’s a ton of cash apparently that went down

[whacked1]

Am i the only one with zero clue what you guys are talking about?

[gubevo18]

Am i the only one with zero clue what you guys are talking about?

Same. I have no idea what these guys are talking about. Anyone care to provide more details?

[sillypainter]

There is a rumor of a Ponzi scheme in Williamsburg, and this financial educated person thinks he "knows it all". Yes, business deals go sour every day and some people don't have the best intentions. Talking here about veteran business people that fell in or fell through, nobody will know for sure unless you're an insider. Rumors mean nothing.

[GettingReady]

A business deal? With fake websites. Buying products that aren’t shipped to you for specific MCC coding  Paying a fee to participate in tiers People out 6+ figures looking at declaring bankruptcy.

[gubevo18]

Alright, enough with the drip drip of information. Just spill it all out here for the DDF folk lol