What may happen if PayPal finds out the information you have given them is incorrect or have doubts about it. Can we just verify our identity through a credit card and escape or something else?
I have heard that many people give Paypal fake info to get more than two accounts or because they have problems with previously signed accounts. I don't know in this case though.
It is these people that give Paypal a bad name. If you do get caught, chances are your account and all the funds in it would be suspended. They may drag you to court or something. Your Credit Card would contain your information and if you did acquire that illegally, you may put yourself in really hot soup.