The site generates money from people clicking links and earning money basically. All money was paid through PayPal.
I owned it for one month, and all of a sudden the script and website began to not work any longer. The previous owner had someone make this website for them and ran it for a month, and then sold it. (Which is what people call flipping a website pretty much.)
Make a long story short, the members began to submit claims (including the original members that were through the first owner) and racked up $3,000 worth of chargebacks. Since PayPal's policy is that they do not settle any digital services, I am now shut down and cannot use PayPal until I pay them back.
My question is, am I actually liable for the previous owner's end? And can I actually do anything on my end?