This website is a collection of horror stories, news reports and other information addressing problems with Paypal, Inc..

PayPal Is A Thief

By Michael

I recently had my paypal account frozen for fraudulent activity. Someone paid me for an item i sold them on eBay with a stolen paypal account. I didn’t know that the person was using a stolen account, how could I? I sent out the item and had the money transfered to my bank account. (I always have the money transfered to my bank account as soon as it’s recieved.) Well PayPal, in all it’s glory, had my account frozen and refused to give me access to the money I have recieved as payment for the various items I have sold on eBay.

Now I understand that they are supposed to get the money from the stolen account and give that back to the person it was stolen from, I have no problem with that at all. What I do have a problem with is the fact that they have taken about 4 times the amount and they refuse to give me access to my money. I have a good $4,000+ in my account from various sales and other transactions in my paypal account. I have made a living on internet sales using paypal as my payment gateway. They have taken control of my account and kept my money. I can’t even log in to my account anymore. I don’t even know if my money is still there.

Paypal is nothing more than a hightech thief, stealing millions from everyday people trying to purchase products and make an honest living.

Posted: May 9, 2012 at 5:01 am

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