Complaint Review: Moazz Yaqob

I had purchased an Android Gaming app on Flippa.com  The seller Moazz yaqob claimed that the app makes a little over $500 per month profit.  He ad also stated that he was located in the USA>  He would reply to email pretty quickly during the auction.  He provided screen shots of all his earnings which all turned out to be FAKE!  I ended up paying him $605 for the app.  he transferred it to me and then stopped responding to emails.  After the auction ended and payment was made it turns out he is actually located in SAUDI ARABIA!!

Over 1 month later it turns out that the app generates under $5 per month using his promotion methods.  i would have never paid $605 for the app if I knew it only made $5 per month.  this was total fraud!  Then I contact Flippa.com about the scam.  They cannot get in touch with him either so they just suspended his account and told me that I have to go through Paypal to get my money back.  However, they did not verify that any of his claims were true so they allow people to fraudulently sell things on their website.  I contacted paypal and their "Purchase Protection" policy is total crap!  They denied my claim saying that they do not insure digital products!  I use Paypal as my payment processor for my business for many years.  I have spent tons of money with them but will be switching to a new payment provider after this.  Stay away from both Paypal and Flippa.com - they are both useless!