"PayPal took $80k from me and banned me"

#1

Post by bundie » Tue, Feb 13, 2024, 10:19 AM UTC

"PayPal took $80k from me and banned me"
twitter.com

Re: "PayPal took $80k from me and banned me"

#2

Post by lovegrenoble » Tue, Feb 13, 2024, 10:23 AM UTC

it's better to avoid PayPal anyway, so sorry for you, hope your post will be in the top.

Re: "PayPal took $80k from me and banned me"

#3

Post by lovegrenoble » Tue, Feb 13, 2024, 10:25 AM UTC

And why did you keep so much money in your account, there's must be an explication?

Re: "PayPal took $80k from me and banned me"

#4

Post by javcasas » Tue, Feb 13, 2024, 10:51 AM UTC

lovegrenoble wrote: post #3

And why did you keep so much money in your account, there's must be an explication?

Because victim blaming, that's why.

Re: "PayPal took $80k from me and banned me"

#5

Post by devaiops9001 » Tue, Feb 13, 2024, 10:52 AM UTC

Businesses will abuse you like this unless you know how 1.] to sue 2.] how to make a threat to sue sound credible 3.] be strong on #2 with articulation on punitive damages.

A well written letter can get things moving pretty quick.

Re: "PayPal took $80k from me and banned me"

#6

Post by mcv » Tue, Feb 13, 2024, 10:52 AM UTC

$80k sounds like it's worth a lawsuit.

PayPal is terrible and unreliable and should be avoided, but if they confiscate your money, I would expect you should be able to sue them for it.

Re: "PayPal took $80k from me and banned me"

#7

Post by MrThoughtful » Tue, Feb 13, 2024, 10:53 AM UTC

I thought the finance industry is highly regulated?

Can a company really "hold any funds in your account for up to 180 days" just willy-nilly?

And what does this mean:

    Fun bonus, they hold $80,000 I won't get back.

Has anybody ever really been completely robbed by PayPal and never gotten their money?

Re: "PayPal took $80k from me and banned me"

#8

Post by [deleted] » Tue, Feb 13, 2024, 10:54 AM UTC

[deleted]

Re: "PayPal took $80k from me and banned me"

#9

Post by junaru » Tue, Feb 13, 2024, 10:55 AM UTC

lovegrenoble wrote: post #3

And why did you keep so much money in your account, there's must be an explication?

Never used paypal as a merchant but think funds are held for x days before you can transfer them.

Re: "PayPal took $80k from me and banned me"

#10

Post by bluescrn » Tue, Feb 13, 2024, 10:55 AM UTC

devaiops9001 wrote: post #5

Businesses will abuse you like this unless you know how 1.] to sue 2.] how to make a threat to sue sound credible 3.] be strong on #2 with articulation on punitive damages. A well written letter can get things moving pretty quick.

There's not many businesses that'll take $80K of your money and refuse to give any explanation, though. Especially businesses that have a long history of similar incidents.