Perhaps greed is the wrong word here. (By the way I am definitely not the morality police that is for sure..I have no problem with people making money practically any way they can)
I think your good judgement was clouded by what you though was an opportunity to make a large sum of money. As such you let your guard down. And ignored common sense.
For example, let's say you are on assignment for the US Government and you have a bunch of secrets in your briefcase. (Or you work for Google, whatever). You go to a bar and a super attractive hot woman (or man) strikes up a conversation with you. You are nowhere near attractive or rich or smart enough to have this women she is a 12 and you can only score 5's and that's if the woman is drunk. (let's hypothesize). So your brain should be saying "danger Will Robinson" [1] but instead it thinks "wow she likes me I'm surprised but hey anything can happen!!!". And the next thing you know she has walked off with your suitcase of secrets. What do they call that? A Honey Pot? Whatever. My point is perhaps greed is the wrong word so what is the word to describe what I am talking about here? After all you knew this was to good to be true and almost certainly not true however you did it anyway.
By the way I don't buy into that whole "to good to be true probably is" line it all depends on the circumstances. However what you did here was clearly someone outsmarted you, they knew paypal better than you did.
It would be hilarious until Paypal decides to file fraud charges to make an example of you to send a clear message to anybody who thinks it's fun to embarrass them.
this is why you'd be the person scammed and would want the refund.. the other scamming party is the one that sends the screenshots, this is the party that paypal would go after
I never said I was a squatter, and I'm not. I buy domains that are very low value to basically everyone but me, because I know how to drive traffic and monetize it effectively. And I almost exclusively buy new domains (less than 0.5% of my portfolio is pre-owned domains). shop.com would have been a VERY unusual purchase for me, I've only bought a domain for more than registration costs once before and it was also $500 (though that transaction went flawlessly).
So you run those crappy sites that totally aren't squatting domains but just have a useless collection of links using referrals and affiliate marketing and ads but no actual content on domains that are places people accidentally wind up either due to typos or clicking your link in search results for something you are linking to?
The rest of us call the people who run websites like that domain squatters, because they are adding zero value to the internet and simply tie up a domain which they would likely sell for the 'right' offer.
But my Godaddy rep provided his contact info and was happy to speak to PayPal on behalf of myself and Godaddy. PayPal actually said they didn't need to speak to Godaddy because the documents provided by the seller were authentic.
PayPal's buyer protection is supposed to protect against items that are "significantly not as described" which this clearly was. So yes, in that respect and by PayPal's own stated guidelines, it is fraud.