ocean tries to swollow bike and rider. $$ and paypal
Posted: Mon Feb 23, 2004 10:17 pm
reply -- Bummer - Never had an issue, but I always drain the 'escrow' account. I'll check this out. Amazing how I have avoided getting screwed on web auctions, web retailers, etc... So many people seem to have problems. Mike Torst Las Vegas> -----Original Message----- > From: Chris [mailto:kingsqueak@...] > Subject: Re: [DSN_klr650] Re: Ocean tries to swollow bike and rider. $$ > and paypal > > Just don't do the "Gold" or "Verified" or whatever they call it > account. The one where you have to give them your actual account > number and routing information. Go the basic route to allow you to > pay via their service and stop. > > PayPal is *notorious* for fraud. The Fed seems uninterested in > regulating them and they LOVE to freeze accounts for 'investigations' > when they see you have a grand or so in escrow. > > Do some googling for paypal scams or 'I hate paypal' there are a > multitude of sites dedicated to this issue and PayPal has absconded > with I would venture to guess millions by now by seizing accounts for > what it calls 'suspicious activity'. Mind you, they have NO > authority to do this, the Fed just allows them to for some reason. > > They seem to prey upon the small home businessman using their service > for e-commerce and convenience. They steal a few thousand at a clip > so it isn't significant enough to get the Treasury Department to take > a complaint. Very clever stuff. >