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Report: #368976

Complaint Review: Paypal - San Jose, California Nationwide

  • Submitted:
  • Updated:
  • Reported By: medera Pennsylvania
  • Author Confirmed What's this?
  • Why?
  • Paypal paypal.com Nationwide U.S.A.

Paypal No pal of mine!!!! San Jose california

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Paypal makes it incredibly easy to steal money from anyone. You don't even have to get off the couch, except to intercept a snail mail from paypal. All you need is an email account and someone's bank account PIN.

My niece who was living with her grandmother was able to open a paypal account and with her Grandmother's bank account PIN was able to steal over $27,000.00 from her Grandmother's bank account in less than a year. Apparently, her Grandmother did not notice as she thought she'd have enough money to live on for a while. Some might say that the Grandmother should have watched her bank account more carefully. Perhaps, but she should not have had to as she was raised to trust people, esp. family. But, I digress.

The point is that paypal made it very easy for the granddaughter to almost wipe out her Grandmother's entire savings a fairly short period of time. The granddaughter even tried to change the name on the paypal account to her own. Luckily, I found out about this and had the bank terminate ALL electronic transactions against the bank account. I also moved most of the remaining funds to another account.

The bank could not help much and paypal would not help at all since the paypal account was not mine. I have written dozens of emails to paypal pleading for help. I just got the run-around. The are really good at this. It goes something like this: I email to get some information regarding this situation. I am told since it is not my account and they will not help me. I explain again that the bank account IS mine ( held jointly with my mother ) and paypal forwards my request to someone else. This person tells me that they will not help since it is not my paypal account, and they forward me to someone else... This went on for about 6 months. Not every day, mind you, but it was drawn out way too long. I think this is their tactic, they just wear you down. I fear my next step is to get my lawyer to subpeona then for records.

Apparently, paypal is NOT a bank and therefore is not regulated.

Has anypne else had this type of thing happen to them?

P.S. Later investigation revealed that the paypal rip off was not the only rip off. My advise is to protect your ATM card and PIN!! Another $17,000.00 gone forever, via ATM withdrawals!!!

David
medera, Pennsylvania
U.S.A.

This report was posted on Ripoff Report on 09/02/2008 11:21 AM and is a permanent record located here: https://www.ripoffreport.com/reports/paypal/nationwide/paypal-no-pal-of-mine-san-jose-california-368976. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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