This is the second time paypalHas done this to me the first time was $300 after 180 days I could not contact them I can sign into my old account can find out anything and then all of a sudden there was no paperwork on that what’s the weather there was no trail nobody knew anything about it I can speak to one person who could tell me they knew anything about it so I pretty much had to forget it this time I didn’t have a merchant account I was using The paypalme service to send money to my daughter which I do every moth to pay her rent so this was not a new think . They won’t give me my money they won’t give it to my daughter . They said I could issue a refund and that would be the only way to get my $1000 back. Wtf????? I can’t refund anything??? It was not a purchase from me or anyone else I simply sent by child money for her rent because she is away from home in dental school. This time though I have took all steps toward recovery of my funds . I have filed a class action lawsuit against PayPal for taking my money. Telling me they have to hold it in case my customers want a refund . Lol I wasn’t even in my merchant account. I was in my verified paypalme account. But have begun to notice a pattern . If you try sending a few hundred they always try to place a hold but normally will release it in a few days but once verified supposedly this don’t happen again. But yet again it has, and I have verified my identity now three times but this time they tell me my accounts have been closed. I’m my opinion PayPal is not federally mandated to hold anyone’s money they are not a financial institution. Nor do their calling centers in the Philippines have federal training to hold people’s money. This area is one that requires training. I think that if PayPal held $1000 from one million customers for six months the amount of interest that would get off that is off the charts. Most wouldn’t even think that a business like PayPal would jepordize their business like that. But greed gets the best of some and a lot is never enough
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