PayPal Doesn’t Care

PayPal Warning

While we do not have the resources to verify each and every complaint we receive, we do believe that all reports posted here are true based on our own experience with Paypal and the growing number of corroborating horror stories we receive every day. The main subject of the majority of these horror stories is the following:

Your Paypal account can be frozen at any time, without advance notice, leaving you without your money for months (if not forever), and there isn't much you can do about it.If you would like to submit your own PayPal horror story, we would be more than happy to post it for everyone to read, providing that it is truthful and void of inappropriate language. Please feel free to submit your story by clicking Here

f you are searching for an alternative to PayPal, we strongly suggest acquiring a Real Merchant Account. CLICK HERE FOR OUR TOP PICK.

How Does PayPal Make Money With My Money?

According to the San Francisco Chronicle, there are approx. 100,000 complaints outstanding at PayPal (Are any of these yours?). In many instances disputes can run on for months leaving people frustrated and out of pocket as they are unable to access their accounts. So what happens to the millions of dollars tied up in frozen accounts and disputes? Well, here is a clip from the San Francisco Chronicle that basically sums it up:

U.S. District Judge Jeremy Fogel of San Jose refused to dismiss a lawsuit that seeks class-action status on behalf of thousands of PayPal customers nationwide. A common allegation is that the company brushes off or stalls customer grievances for months and meanwhile freezes the customer's account and pockets the interest (So that's how they make their money!). No wonder they freeze so many accounts!

By David Commisso

THIS IS A NEW PAYPAL SCAM! SELLERS BEWARE! THIS ACTUALLY HAPPENED TO ME!
PLEASE READ:

HEREs the SCAM:

1. A person sent me money through paypal.com

2. I sent a package overnight through UPS to them.

3. They REVERSED the paypal transaction, thus getting ALL there money back, AND they get to keep the item I overnighted to them, in this case a $900 brand new laptop.

NOTE: Ive called paypal and explained, showed them proof of shipment, and to say the least, they dont care! Why should they? They made there money on transaction fees.

PLEASE SEE THE FACTS OF THE TRANSACTION BELOW.

DO NOT DO BUSINESS WITH THE FOLLOWING PERSON:

waffels25@yahoo.com ebay id: waffels2 ebay item # that I was taken for: 2725170249

James Garey (LIAR and very fraudulent individual)
9430 Antoine Forrest
San Antonio, TX 78250

210- 225-7824 (This is the phone number that he (James Garey) gave ebay in his contact information. IT IS FAKE.)

Here is the actual tracking of the package:

Status: Delivered

Delivered on: Apr 29, 2003 2:50 P.M.

Signed by: SMITH

Location: RESIDENTIAL

Delivered to: SAN ANTONIO, TX, US

Shipped or Billed on: Apr 28, 2003

Tracking Number: 1Z 897 282 13 4000 271 3

Service Type: NEXT DAY AIR SAVER

Weight: 18.00 Lbs

Apr 29, 2003
2:50 P.M.
LEON VALLEY, TX, US
DELIVERY

7:10 A.M. LEON VALLEY, TX, US OUT FOR DELIVERY

7:10 A.M. LEON VALLEY, TX, US ARRIVAL SCAN

6:55 A.M. SAN ANTONIO, TX, US DEPARTURE SCAN

4:20 A.M. SAN ANTONIO, TX, US ARRIVAL SCAN

3:31 A.M. DALLAS/FT. WORTH A/P, TX, US DEPARTURE SCAN Apr 28, 2003

6:52 P.M PHOENIX, AZ, US ARRIVAL SCAN

6:10 P.M. PRESCOTT VALLEY, AZ, US DEPARTURE SCAN

5:21 P.M. PRESCOTT VALLEY, AZ, US ARRIVAL SCAN

4:55 P.M. KINGMAN, AZ, US DEPARTURE SCAN

4:21 P.M. KINGMAN, AZ, US ORIGIN SCAN

3:02 P.M. KINGMAN, AZ, US PICKUP SCAN

2:34 P.M. US BILLING INFORMATION RECEIVED

Tracking results provided by UPS: May 5, 2003 5:48 P.M. Eastern Time (USA)

eBay Payment Received (ID #6AU235592R015134H) Related Transactions Date Type Status Details Gross($) Fee($) Net($)

Apr 28, 2003 Payment From james garey Reversed … 1,066.99 -31.24 1,035.75

May 5, 2003 Reversal To james garey Completed Details -1,035.75 0.00 -1,035.75

Name:  james garey     (The sender of this payment is Verified)
Email:   waffels25@yahoo.com
Buyer ID:   waffels2
Email Address That Payment Was Sent to:     davcom1000@yahoo.com

Total Amount:   1,066.99
Fee Amount:   -31.24
Net Amount:   1,035.75

Insurance:   0.00
Shipping:   67.00
Quantity:  1
Item Title:   DELL 2.0 GHZ LAPTOP DVD 15 SCREEN WARRANTY
Item Number:   2725170249
Date:   Apr 28, 2003
Time:   10:11:48
Status:   Reversed

WHAT CAN YOU DO:

If you have any information on James Garey, please email me atdavcom1000@yahoo.com Thank you.

Regarding paypal:

You should leave your paypal balance at 0.00 . ANYONE can REVERSE theyre payment to you, paypal does NOT care and is not on your side. YOUR MONEY IS NOT SAFE IN PAYPAL.