HERE'S AN EXCERPT FROM PAYPAL'S FORUM JUST AS AN EXAMPLE: "Hello everyone, I have been a victim of paypal also, I have been with them since 2002 and never had problems until I received last week that famous email from them "you did nothing wrong" but we are screwing you and keeping your money. I have sent in a formal complaint to the U.S. Attorney General, Nebraska Department of Justice, Office of the Attorney General, Sacramento Department of Justice, Office of the Attorney General, FTC, BBB of San Jose and Omaha Nebraska and other agencies and I am trying the media also. I contacted paypal so many times and I finally spoke last week with somebody from the executive escalations department and raised hell and within 15 minutes I had my money released, well the nightmare continued the next day and my money is still being held. Thank goodness I had not that many listings anymore. I had never a chargebacks, no claims nothing, only 100% feedback from satisfied customers. But I still do not get the answer why??? Paypal is violating the Electronic Funds Transfer Act, also they are factoring the Visa and MC accounts and the biggest violation is defrauding us with the interest which they are collecting each day holding our funds. I found a very interesting article from a paypal whistleblower who no longer works with them, he descirbes this nightmare and I quote" if you are frozen accept the reality that this isn't some mistake that can be corrected by an email or phone call to a nice customer service person; you've been screwed, and it's no accident or misunderstanding. This company is now your enemy and is probably not inclined to do anything to help you. Never use PP under any circumstances. Ever. You simply have no control over who has access to your information."
I about fell of my chair when I looked at that. All I want is my money and close my account and I will never use them ever again. If I had known that Paypal is such a shady company and has no interest whatsoever to provide good customer service, I would never have given them my business."