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PayPal Is A Big Scam

Writer Wishes To Remain Anonymous

Here’s my story kids. Sold a number of items on eBay within a period of two months (total of about $10,000). All of a suddent PayPal sends an email saying that they are concerned about suspicious activity on my account and have frozen all funds. They then refunded everyone who bought from me AND took money out of everyone’s account I had bought things from over the previous two months. I understand that the sellers all got emails telling them I used fraudulent funds to pay for things, when in fact it was all items I had sold and shipped. Now all my buyers ended up with ever thing for free, and PayPal makes it look like I commited fraud. To make matters worse, I found out that they then subsequently froze the accounts of some of the sellers I bought from, telling them that they were concerned about suspicious activity on their accounts.

To top it off, when money was reversed out of all the sellers that I paid, it was never put back into my account! I guess PayPal needs it for their investigations.

What a huge scam. I will never, ever do business with PayPal again. In fact, I warn everyone about them now.