As many of you know, PlayerAuctions is a site that use to be American, was sold to IGE, and then a Korean company bought it which has customer service now in China.
I bought an account from this company and everything went smooth as promised on the site.
After a few weeks, the original owner took back the account. I have been trying for a few weeks to get either a replacement account or a refund from either party and they do not respond anymore. After speaking with my guild members, it appears as if this is a common thing at PlayerAuctions and no different from buying an account from an ordinary forum website.
PlayerAuctions acts as an escrow service securing an account, and then takes 10% of the sellers payment, while guaranteeing delivery on your order. After that, you're on your own. If anything happens to the account, you're out money. It's a goldmine for selling scammers, and a disaster for buyers.
I have to say I am upset and urge everyone else to reconsider buying from them as if anything this is the riskiest site you could possibly buy from due to how they are setup.