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since ‎Nov-29-2020
Country: United States
Type: Business
sad_american
sad_american Member
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Re: Paypal's holds on verified funds is illegal. J...

by sad_american Member in Security and Fraud
‎Nov-29-2020 12:37 PM
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‎Nov-29-2020 12:37 PM
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I have a business account with PayPal for almost 7 years and they are holding on to legit revenue that I need to pay my merchants and my employees as we just got back to work after the pandemic. The damages that will be sustained as a result of no payment to my team especially during this Pandemic will be awful. I have a business account, proof all transaction are authorized and legal, tracking numbers of satisfied customers and certified letters from the customers in which PayPal is holding their money ransom and PayPal offers me no solution to prove any of this when I called in. They simply said I was risky and they seized my incoming revenue without opportunity provide supporting documents. I understand about their “policies” we agreed too but this is still a Interest Free Loan and is Illegal under American banking laws. Banks are required to issue funds within 30days of closing account for suspected fraud or “risky business” Many of my employees have kids and financial obligations and I will be unable to pay my workers and although this is permitted with their user agreement THIS IS UNETHICAL TO THE HIGHEST DEGREE and against our American Values. I’m ready for for class action Lawsuit who is with me? Please contact my cel[Removed. Phone #s not permitted]and ask for AJ. ... View more
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