PAYPAL Scammers and Theives - I

Paypal Thieves

Well it has happened again, the ebay empire (and paypal)have discovered a new way to make more money, whilst annoying sellers one more time and frustrating buyers. This is a difficult task to do all at once and I am sure many management meeting have been instigated to find this new and unusual tactic. NOTE : This is a personal account so it is not exaggerated to any degree...

eBay scenario

A buyer purchases an item and pays immediately with paypal, i note that there is a little hour glasses indicating the payment still had not cleared paypal, i do not worry and check back the next day. The hour glass is still there. I go into paypal to check things out and there is no record. The weekend comes and goes and STILL Paypal shows no transaction. The buyer sends a email asking if i have received payment. I answer no and question which paypal account and was it a echeque(as paypal is slow and can take upto 5 business days to clear an echeque). The email address was correct and it was not an echeque.

Where is my money Paypal

Paypal theives I thought... Investigation on my part reveals that all the email addresses except the primary email account had been removed from my account and this is the reason that I had not received the money. In the mean time, i had sold a number of other items and once again the money went into paypal (lets get some more interest) limbo account.

Paypal Limbo

what had happened 2 days prior to the original sale, I was going into withdraw all my money from Paypal and I were informed that my password was going to expire in 2 days and that I MUST change my password. Paypal then had the gaul to ask me security questions about my account and i then proceeded to withdraw all my money. Shortly after this Paypal Clearly removed all me additional email addresses....

Nice little trick if you are a deposit accepting financial institution and doe not have to answer to the banking ombudsman or any other banking authority in Australia...

Come on ACCC and Paymate Help use and force Paypal to sign the EFT code of conduct

written by One on One Training

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