Those Scamming Bastards

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

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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 Stephen

Not too long ago i had a really slow pc, so i desided to ask for donations via PayPal from some of my msn contacts. 1 french guy was helpful and donated 3 seperate funds, $122, $250 and a whopping $380. After paypal cleared the money i withdrew it and after it was cleared by the bank i bought a brand new LapTop computer.

After a fer days i checked my paypal for more donations and was shocked to see in excess of -$750. It said that a Temp Hold was placed on the funds pending an investigation by PayPal staff.

I cotacted the donated and asked why the money was going to be possibly retured to him. He said “I dont know, i didnt ask for it back”. I contacted Paypal staff telling them this.

A few days later i was contacted and told the cash was reversed. Sickened by this i contacted the donator and asked why he asked for the cash back. He said “I didnt ask for it back man”.

I contacted paypal and told them if the debt isnt cleared im sueing them, i also informed them that i have screenshots proving the site said COMPLETED near the money transfer. Meaning i was right to withraw.

Paypal are scamming bastards and i WILL SUE their australian office for this attrosity.