I'm in a situation with PayPal and a business partner who I just found out was completely suicidal or bi-polar. We had a mutual agreement where he would order the products and ship them while I managed customer support and the websites.
Well here's what happened, we used my PayPal to receive all the orders, everything was going fine. So, a few weeks went by and we needed to re-stock. As our business was just starting out, we made around 2,300 net so I sent him all the money to his PayPal for the costs of the products and for shipping.
After I sent the money I'm sure he withdraw all the money into his bank and blocked me and avoided all communication, stopped answering all phone calls etc.
So I had no money, and expecting tons of disputes through PayPal. I talked to one of my close friends with some what this type of experience and he requested that I file a unauthorized transaction(s) for the 2,300$. Which I did, around 2 days ago. I'm not sure if I should have filed a dispute instead but It seems that an unauthorized transaction would lead me to a higher chance of getting my money and surviving this unfortunate scam..
It is a pretty large amount, does anyone have any experience with this and can tell me what I should expect?
Will PayPal try to contact me? The guy isn't responding to the dispute because I think he is fairly inexperienced with handling PayPal as his account is a brand new business account.
Would appreciate some thoughts, feedback or any input in the situation.