What It’s Prefer to Suddenly See Your Bank Account at Negative $900,000 As a result of PayPal [Fraud]

This morning, 24-year-old web developer Derek Lanphier started seeing fraudulent charges on his PayPal account, adding up to about $3,000. Then, moments later, his bank account balance was at -$888,871.91. As he says, ” I pooped myself somewhat.”

Lanphier, who works for marketing company PopLabs, was clearly the victim of an big time phish-he suspects the deed was linked to iTunes, that’s all he used the PayPal account for.

The initial charges had him ” a piece freaked out,” he said, and he started making calls to PayPal and his bank to get things locked down. But by the time he was nearly a million dollars inside the hole, it was all a touch too absurd to fret about:

When it jumped to $888,000 I just started laughing. I mean, what are you going to do? If I had nearly nine hundred thousand dollars to lose, I would have really been worried. But seriously, what can you do apart from laugh about that? That was also concerning the time I started showing everyone the screen cap. I mean, it was too epic to not share!

My life is pretty good, but when bad shit happens (which it really doesn’t plenty) it’s always epic. I kinda like that about myself.

Thankfully, Lanphier’s bank says getting the costs reversed won’t be a difficulty. But not less than for , he was a near-millionaire who lost it all. [Ryan Mathis]

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This post is tagged: bank, fraud, paypal, Prefer, result