• Report: #628697
Complaint Review:

Ebay Inc. - Paypal Inc.

  • Submitted: Tue, August 03, 2010
  • Updated: Tue, August 03, 2010

  • Reported By: Stealth — Kona Hawaii United States of America
Ebay Inc. - Paypal Inc.
Internet United States of America

Ebay Inc. - Paypal Inc. eBay Hold on funds without advance notice-under guise of further ID required, Internet

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Enough is really enough with the methods this corporation uses to STEAL money that is has absolutely no right to. Another class action lawsuit has been filed by Freed&Weiss for their unscrupulous business practices. According to its very own filings with the SEC (10Q filing) it is using Paypal balances to fund/finance operations in its other operations!!! Namely billmelater.com which they in turn charge those accounts 19.99% interest!!! This game is coming to an end. Everyone must tell 10 people by email or Twitter and ask them to tell 10 more and so on. Their growth is now focused outside the US and their problems are just as bad if not worse everywhere else. Contact the FTC, State Atty Gen offices, both the House and Senate Banking Committee, Wal-Mart Ethics Board (because they are Billmelater.com's largest customer) post this on every INVESTORS blog you find.

Let the SUN shine on these cold-hearted thieves who are making MILLIONS on this scam. Contact all the major consumer news weekly programs and host like John Stossel. They held $1000's of my monies because they claimed they needed to identify me. That's BS. They should be identifying customers BEFORE they take their money. They are licensed the same way that Western Union and MoneyGram are licensed as MONEY TRANSMITTERS and that is all they are licensed as. Imagine going to the clerk at the Western Union and giving them your money and them having them tell you to come back in 6 months after they identify you or because they were unaable to verify you. This is a scam backed up by HUGE and I mean HUGE hedge funds on Wall Street that use this money and makes MILLIONS of dollars in interest!!! It's time to SINK the PIRATE ship known as eBay and the heartless pirate aboard it named Paypal!!!!  

This report was posted on Ripoff Report on 08/03/2010 03:43 PM and is a permanent record located here: http://www.ripoffreport.com/reports/ebay-inc-paypal-inc/internet/ebay-inc-paypal-inc-ebay-hold-on-funds-without-advance-notice-under-guise-of-further-i-628697. 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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