Katie Krajeck San Francisco Bay Area - ‎Litigation Counsel at PayPal - ‎PayPal Paypal attorney, electronic funds transfer fraud, paypal fee holds Palo Alto, CA Internet

Katie Krajeck is the attorney for Paypal.  She is in the practice of holding funds against consumers for 21 days or longer, in violation of the Electronic Funds Transfer Act.

Katie Krajeck uses arbitration, a form of "privitized justice" that denies consumers the right to go to Court.  It also denies CLASS ACTIONS.  In other words, she assists Paypal in criminilized behavior that favors Paypal.

The fact is that Paypal earned more than $1.1 billion last year in interest by holding funds alone.

So what can you do when Paypal, (who has probably the most complaints of any company), holds your funds for an unlawful amount of time?  Read the Terms of Service and file arbitration.  Paypal and Katie Krajeck have to pay the entire arbitration which is very expensive.  You should also complain to the State Attorney General of California and to the California Bar when Katie Krajeck attempts to take your rights to Court away from you.

Any Class Action attorney visiting this complaint should take a look at the number of complaints for holds and consider a class action.  In addition, you should file a complaint here and with the CFPB.GOV, who regulates money transfer companies like Paypal.

Stay far away from Paypal and its crooked attorney, Katie Krajeck.

Throughout arbitration, Katie Krajeck hired outside attorneys, while she listened in on every conference call.  She assisted Paypal in a hold of over 21 days which is in violation of the Electronic Funds Transfer Act.  That is no different than your bank holding a check for 21 days for deposit.  Would you permit that?

The American Arbitration Association is a kangaroo court which finds in favor of Paypal in arbitrations, although in two separate arbitrations, which were identical, they found no winner and one and found against the consumer in the other!  They even awarded fees in California, which is against California law.

Katie Kraject should be ashamed to represent a company in the practice of defrauding consumers.  AAA is no better.