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Report: #290236

Complaint Review: PayPal/ebay - San Jose California

  • Submitted:
  • Updated:
  • Reported By: lindstrom Minnesota
  • Author Confirmed What's this?
  • Why?
  • PayPal/ebay 2211 N First St San Jose, California U.S.A.

PayPal/ebay PayPal just FROZE our funds over $12,000.00 consumers beware 11/28/2007 San Jose California

*Consumer Suggestion: Go after their ACH License

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PayPal just Blocked $12,000.00 of ours and without warning,
Here's our page! hostitplanet.com/block-PayPal/

Cool deals 2 go

Our story.
On 11/29/07 after we listed 2 very successful products on eBay from time period 10/28/2007 as user cooldeals2go and generated over 24,000.00 in sales for a 8 week period, PayPal, Inc., restricted access to our funds (which we cannot transfer $11,999.69 USD in funds to our bank account) and had eBay close/suspend our account cooldeals2go.

we were not selling any items that are illegal and our products were downloadable from the Internet and did not break any copyright violations AND WHERE self-made.

we did notify PayPal, Inc., by phone to prior to 11/15/2007 to to let them know to expect an increase in sales so they would be provided with what we were selling, we also own www.hostitplanet.com and www.hostitplanet.com and reconfirmed them about our sales for website hosting, we specifically told them to document it!. Therefore we felt we were clear with notifying them,

Also the restriction has caused eBay to suspend our account which means loosing an estimated amount of $3,000.00 in sales per day and the inability to send products to our customer totaling around $2,500.00.

We have contacted PayPal,Inc. 9 times in a 4 day period from the time they restricted us, and supplied all requested information which we can verify we sent. and then they pulled the no appeal crap within a 48 hour period.

we can prove via screen shot to the items we submitted we have also some disputes from October that PayPal, Inc., has neglected to deal with for over a month.
oops they finally did, but they has not started on Novembers!

Now if anyone has an invite for us to get some help that would be great!!,

because we did nothing wrong with any policy.

PayPal also filed a credit check without our permission!

we would love to talk to reporters!
hostitplanet.com/block-PayPal/

Troy
lindstrom, Minnesota
U.S.A.

This report was posted on Ripoff Report on 12/10/2007 07:58 AM and is a permanent record located here: https://www.ripoffreport.com/reports/paypalebay/san-jose-california-95131/paypalebay-paypal-just-froze-our-funds-over-1200000-consumers-beware-11282007-san-j-290236. 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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#1 Consumer Suggestion

Go after their ACH License

AUTHOR: Phillip - (U.S.A.)

POSTED: Wednesday, December 26, 2007

Follow the money..... File a complaint against Pay Pal money transmitters license in your state. Find the state banking commission in Minnesota or in the appropriate jurisdiction.

Complain about the unjustice regarding Pay Pal and their money transmitters license:

Commissioner of Commerce, state of Minnesota
Department of Commerce, Division of Financial Examinations
85 7th Place East, Suite 500
St. Paul, Minnesota 55101-2198

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