Not to surprising info posted over at krebsonsecurity.com.

Active, hacked or phished Paypal accounts found for sale on yet more venues. For those not paying attention, there are entire sleazy industries surrounding all things ebaY & Paypal. This particular type has been exposed time and again.

Please don’t overlook the very real possibility they could all be insider fraud, as Paypal’s own documents show.

I say this because ebaY and PayPal  have been very quick and thorough to silence criticism and exposure of embarrassing facts, yet these highly fraudulent sites remain. EbaY allows as many accounts as a person wishes, and Paypal does little to nothing to verify people at the gate. Rather, they wait until funds are in one’s accounts, then seized, after the fact, under any number of false or invalid reasons, until you are “proven worthy“.

It’s pretty obvious that the members are being used to subsidize fraud and failure, and to cover PayPal’s losses, which are bourne of their very own lackwit policies and practices IMO.

The very best thing you can do is avoid PayPal and ebaY. Close both your ebay and Paypal accounts and do whatever you need to to be sure they cannot access both your bank accounts and credit cards.