ED Magedson – Founder
PayPal2211 North First Street San Jose, California USA
PayPal PayPal.com Predatory violators evasive abusive nonresponsive TOS greedy profiteers borderline ciminal San Jose California
This is the second time PayPal.com has done this to me. I suspect they are doing the same thing to millions of users around the world. I opened a new PayPal account and sent funds to it from an existing PayPal account. The new account was immediately seized by PayPal corporate and I was notified that my account was "limited" until I provided requested documents. This action allowed PayPal to seize my funds, preventing me from doing business on eBay and even stopping me from closing the new account. The thousands of dollars I put into that account has been stuck in limbo now for 20 days. Even though I provided the necessary documents (drivers license, passport, bank statements, etc. in a timely manner, and PayPal acknowledged that I fulfilled all requirements for the limited freeze to be lifted, they continue to hold my account and my money hostage. They have ingored 13 emails I have sent them over the last 2 weeks, voilating their stated policy of answering concerns within 24 - 72 hours and violating their own TOS. [continued below]....
This report was posted on Ripoff Report on 08/19/2013 06:16 PM and is a permanent record located here: http://www.ripoffreport.com/r/PayPal/San-Jose-California-95131/PayPal-PayPalcom-Predatory-violators-evasive-abusive-nonresponsive-TOS-greedy-profiteers-1077204. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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