PayPal Froze Account

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!

Writer Wishes To Remain Anonymous

I have read many of the horror stories posted and I now have one of my own. However, mine seems to be a bit different than others. I purchased an item (jewelry) from whom I thought was a reputable seller. The seller shipped the item and when I received it, it was the wrong size, wrong type of gold, and completely scratched up. I emailed the seller multiple times and received no response. After waiting several days, I went ahead and filed a complaint with PayPal. The seller took about 3 days to respond and I was told by PayPal to ship the item back to the seller.

In between waiting for delivery, the seller sent me 2 emails stating how I should have never filed a complaint with paypal because they would have resolved it and were simly on vacation. The seller received the item and now PayPal has issued a refund to my account. However, the seller has started emailing me again stating that there was no jewelry in the package I sent and that it was empty! They told me they are filing a police report against me?! PayPal also now has the funds ‘frozen’ in my account.