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Class Action Lawsuit Says PayPal Restricted Funds
trenton writes: "CNET News.com reports a class-action law suit was filed Wednesday in California Superior Court in Santa Clara County. The suit charges PayPal with illegitimately restricting customers' access to their money. The suit asks for an unspecified amount of damages. Have you been ripped off or locked out?"
If an auction seller screws you over one way or the other, eBay's complaint process is rather lame and PayPal literally can't do a damn thing for you (speaking from experience here).
However, if you spare a little more money to mail them a money order instead, what they did magically turns into something called "mail fraud." Federal agents wearing dark suits and carrying badges begin looking for this person to throw them into pound-you-up-the-ass penetentiary for up to five years (multiplied by however many other people he's ripped off through the mail).
Of course, if this is the first and last time they defrauded someone through the mail, there's a chance the Postal Inspectors might not have the time to really give it much attention. But just because they're not activley seeking the person doesn't mean there's not a felony warrant issued for the culprit, which will make employment background checks, driver's license renewals and plane ticket purchases a whole lot more interesting. And that's before we wonder how often he gets pulled over for traffic violations...
I ask you: If you don't wholly trust who you're buying from, where can you get more entertainment for $1.24? Certainly not PayPal!
which has a wall of shame full of horror stories.
.1% have a problem, that is 13K people with only 400 Customer Service Reps. So the hold time is 30 minutes and often they just rudely say "You violated terms or conditions", or "Fax us all your identity papers - bank account, utility bill, driver's license", then they seem to have a part-time fax, and they constantly lose the faxes (apparently they haven't thought about things like case numbers).
The problem is that with 13M users, if
Meanwhile your account is locked without anything you can do about it, often for reasons you don't know or know to be false (a buyer pays, but PYPL thinks something is wrong with it and/or the seller and locks both).
When it works, it's fine. But if they ever lock an account (and you don't have to do anything) it is a nightmare.