| Submit your comments on this article |
| Cyber |
| PayPal faces lawsuit for freezing customer accounts and (stealing) funds |
| 2022-01-15 |
| [YahooFinance] Three PayPal users who've allegedly had their accounts frozen and funds taken by the company without explanation have filed a federal lawsuit against the online payment service. The plaintiffs — two users from California and one from Chicago — are accusing the company of unlawfully seizing their personal property and violating racketeering laws. They're now proposing a class-action lawsuit on behalf of all other users who've had their accounts frozen before and are seeking restitution, as well as punitive and exemplary damages. Lena Evans, one of the plaintiffs who'd been a PayPal user for 22 years, said the website seized $26,984 from her account six months after it got frozen without ever telling her why. Evans had been using PayPal to buy and sell clothing on eBay, to exchange money for a poker league she owns and for a non-profit that helps women with various needs. Fellow plaintiff Roni Shemtov said PayPal seized over $42,000 of her money and never got an acceptable reason for why her account was terminated. She received several different explanations when she contacted the company: One customer rep said it was because she used the same IP and computer as other Paypal users, while another said it was because she sold yoga clothing at 20 to 30 percent lower than retail. Yet another representative allegedly said it was because she used multiple accounts, which she denies. Shbadan Akylbekov, the third plaintiff, said PayPal seized over $172,000 of his money without giving him any explanation why the account got limited in the first place. Akylbekov used the account of a company his wife owns to sell Hyaluron pens, which are needle-less pens that inject hyaluronic acid into the skin. After the money disappeared from the account following a six-month freeze, PayPal allegedly sent his wife a letter that says she "violated PayPal's User Agreement and Acceptable Use Policy (AUP) by accepting payments for the sale of injectable fillers not approved by the FDA." It also said that the money was taken from her account "for its liquidated damages arising from those AUP violations pursuant to the User Agreement." PayPal has long angered many a user for limiting accounts and freezing their funds for six months or more. One high-profile case was American poker player Chris Moneymaker's who had $12,000 taken from his account after six months of being limited. Moneymaker was already in the process of asking people to join him in a class action lawsuit before his funds were "mysteriously returned." Related: PayPal: 2022-01-09 The Death of Privacy PayPal: 2021-11-01 Lawmaker offers new solution for surge of illegals: Send them to wealthy Democrat enclaves PayPal: 2021-06-08 The day the internet broke: Hundreds of websites worldwide including CNN, NYTimes, Amazon and Reddit go DOWN after outage at US server company Fastly |
| Posted by:Ebbomoger Speaking for Boskone4589 |
| #4 Very glad to hear you both are returning to health, NN2N1! |
| Posted by: trailing wife 2022-01-15 11:10 |
| #3 Glad both of you are home now..thoughts and prayers going out to you from Mrs. Warthog and me |
| Posted by: Warthog 2022-01-15 07:23 |
| #2 /\ Just sent you an email. |
| Posted by: Besoeker 2022-01-15 06:15 |
| #1 eg. Tried to make an R.B. donation using a Wally World VISA Gift Card in early Dec. 2021 using a via poplar VPN circuit I have. On the 3rd try after a collection of extra questions it frozen my account and denied the transaction. Have not bothered to call or reactivate it. The Wife (home now also) & I, will seek alt. donation means. |
| Posted by: NN2N1 2022-01-15 04:45 |