PayPal Will Investigate

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

Ok, here is my story. Met a guy through the Internet, before daring to get involved with him, paid via paypal to do a criminal background check, was informed by the company that provided it that he had no criminal details. 8 months later I find out this Don Juan is on trial for fraud involving millions of dollars, people have to testify against he and his associates under armed police guard … Get the picture? The man is in organized crime and was already on trial when I did the background check.He DID have a very criminal background!

So I contact the company, they ignore my request for a refund, then I complain to paypal twice – they say 30 days have passed, they will do nothing, no refund for the false information I was provided with. Finally I get mad and let them know my safety may now be compromised because of this false information I paid for and they promise to investigate. That was about 1 week ago. Will keep you posted …