Sided With A Scammer

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 Gage

After selling a batch of items and having happy cusmomers give feed back, things looked cool although some didn’t leave any, even though every one had recieved the goods, i thought nothing of it.

Afterwards since i had no more business but my brother did, i decided to switch my paypal details with my brother since he uses it more then me and sharing with my bank account wasn’t as convienient so we took out all my cash and details including address and bank details which proved to be extremely useful later on.

some weeks later i wanted my brother to buy something for me, but he forgot to put his bank details ect in. when logged on paypal and our email, there was a chargeback, although I checked before that all people who bought recieved their goods. paypal without warning just took money out of my account to give to this buyer who i know recieved his goods. the good thing was i had no money to give them, my bank account was disconnected from paypal and i had no money in my account, so paypal must have payed them through their own money and try to get me to pay later by threatening me. since i had no ties with them other then an email, all they could threaten me with was to “lock my account” if i didn’t pay up, well paypal, you can keep your stupid account, offering me no protection, no notice and siding with a scammer to take my money, lucky i had none to give.