This just happened to a friend of mine to the tune of $3,000 CAD. I've never had any major issues with PayPal over the years; couple minor hiccups that were resolved fairly quickly. But seeing how this seems to be kind of a widespread issue and they don't really seem to be doing anything about it is worrying. My friend is a recent university graduate with tens of thousands in student debt, not working much at the moment because of the pandemic, then some fraudster breaks into her PayPal account and sends $3000 to themselves but PayPal closes the dispute without really investigating and calls it legitimate? Not cool.
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