I got an email from a guy offering to buy my YPN account.
Since YPN went to crap by 2007, it wasn’t worth keeping in my opinion.
It went from my 5 figures a month in 2005 to barely 2 figures a month by 2009. So, why not get rid of it for some quick cash?
Well, the guy was from China (from what I can tell), and we went back and forth for a couple of weeks and eventually I sent him my login info and he PayPal’d $2000 (really $1900 after all the fees).
Has this happened to anyone else?
Are you insane to send someone your Paypal login info?
I should have been clearer.
First, to make the deal happen, I said he could look around my YPN account for 10% upfront (he offered $3000 – not $2000, my mistake).
To get the $300, I sent him my PayPal email address.
He sent the funds, so I sent him my YPN username and password.
He looked through the account for a day or two (can’t remember if it was just 1 day or 2). Then, he sent another PayPal payment for the balance, $2700.
At that point, I didn’t care what he did with the YPN account. He has my social security number, too, but I guess it shows how eager I was to get rid of that account.
And now you just have to wait for the inevitable chargeback from being paid by a hacked account and the income statements from YPN that you will technically be responsible for paying taxes on seeing as the account is still in your name I presume.
Wow, you should keep that a little more secret, your “federal income tax payer number” is everything. 
Sounds like you got conned. You’re now responsible for paying taxes on money you won’t receive since YPN is only available to US citizens plus you’ve given out your name & social security number to someone who could use it for identity theft.
You guys really are pessimistic.
I’ve done a lot of transactions with PayPal and had someone scam my account a couple of years ago.
But, this deal went without a hitch.
If taxes were due, YPN would have sent me a 1099 for 2009, which they didn’t.
If the PayPal were bad, the account would have been suspended, which it has not.
Not everyone is a crook. Some are, but not everyone.
Hopefully you’re right.
So far.
What about next year and the year after that? Is the guy in the country that is not supported by YPN going to sign up his own info? Oh wait, he can’t! So that begs the question why he would even want it in the first place. Since he cannot use it at all, paying $3000 for it seems pointless. Plus you say it is not any good anymore as far as ad networks go.
It might take the real account owner awhile to figure out their account has been hacked.
Keep us posted. 
And next year? If the guy felt that a YPN account was worth 3k then he obviously plans on making more than 3k off it, all of which will be taxable under your name.
If the PayPal were bad, the account would have been suspended, which it has not.
It takes time for people to realize that their accounts have been compromised, it’s also quite possible that he compromised several other paypal accounts, sent the money to this “clean” account, and then transferred it to your account which would further delay things.
Anyway I hope you’re in the clear but if something sounds too good to be true, it normally is.
yeh now if the guy make $500,000 a year with that YPN account then yahoo will report that income to the IRS under your name and send the 1089 form to you to pay the tax
You are still responsible for paying taxes on that money even if YPN doesn’t send out a 1099. Most ad networks don’t send them out 1099s anymore.
Well it’s ilegal to sell such account …
Congrats on your ilegal money …
It’s not illegal at all, it’s against the Terms of Service that he agreed to when he signed up.
Not at all the same thing.
Not sure how you didn’t understand that post. It quite clearly showed that he gave the YPN account login details and then got $2000 in a Paypal payment.