I sold a item on paypal on my old business account for $300 and sent the funds as a gift to my personal account and now in my bank account. The buyer received the item and told me everything was fine but secretly filed dispute that I just found out about today. I no longer have the money in my old business paypal account and the account number and credit card on file no longer exist. Will paypal send that account in the negatives or will it go to where my the money was sent(personal account) and try to receive the money ?
Paypal will eventually connect the dots. It happened to me a couple of years ago over a printer that a family member bought on ebay and it was never funded...... however, we shared an email address and it all came together on paypal's side. I did not know about the printer, but I was not about to lose my paypal account over the fifty some dollar mistake. I paid it. It took about five years before they brought it to my attention. I couldn't believe it.
Ok but which account is going to get effected ? And will paypal take the money out of my bank account without my permission(it is linked to my primary account) or will they send my business secondary account into the negatives?
Once they make the connection to the accounts (if they haven't already), they will probably freeze your account(s) and give you a reasonable amount of time to make good on your debt. Meanwhile, you should be trying to figure out how to fix that scammer
Why you dont you call up paypal and tell them the entire story. Even keep mailing them. That thing might help you a lot. Paypal will freeze the other account too and try to recollect money from you somehow.