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View Full Version : BEWARE of paypal


kahavel
21st May 2002, 00:16
after logging into my account I discoverd that my money was missing I contacted them by phone after several attempts by phone I said I purchased advertising on a credit card they told me they always take the funds from the account and then take it from my pay preferance in this case it was my credit card they then went on to tell me I had more then one account and my funds were being froze til I closed all but one I have no way of accessing those other accounts since I dint know they existed and they wont give me any info on them even if they quizzed me to make sure I was in fact the right person, but dont take my word check out the wall of shame one person had an unauthorized debit for 2200.00 from her personal savings the link is below so you can check allthe complaints


http://www.paypalwarning.com/WallOfShame/


:(

Edit by Rob ~ fixed link.

kahavel
23rd May 2002, 12:03
Just recieved a letter from fastcashemail their account with paypal has now been frozen and they will now be paying through e-gold heres the letter so I dont misquote...It sounds to me everyone should proceed with e-treme caution when dealing with paypal, I am withdrawing all my funds from my savings and putting them in a differant account and using my account of record just for paypal tahh



From: rewards@FastCashEmail.com
Date: Tuesday, May 21, 2002 11:13:15 PM
To: kahavel@myecom.net
Subject: FastCashEmail - IMPORTANT and URGENT

!!!!PLEASE READ THIS ENTIRE MESSAGE!!!!

Hi Everyone,
I have some bad news.
PayPal has restricted our account. This means we are not able to send payments or get our money out of the account.
Here's the story of why it happened:
We sold another one of our sites, DailyWages.com, on Ebay. The person who won the auction paid for the site using a PayPal account that they broke into. When this was found out, PayPal took away my payment for the site and restricted my account, even though I have done nothing wrong.
To fix our account, we had to fax them copies of a photo ID, utility bill, credit card statement, and checking account statement. When I called PayPal to ask how long it would take for this to be processed, they replied that they could not and would not give me any estimate. A friend of mine has had his account restricted as well for a different reason, and he has been waiting more than a month for them to get his account back to normal :(
This will have serious implications on our program.

First of all, we will not be able to pay you via PayPal or accept advertising orders through PayPal.

Second, we will only be accepting e-gold and ad redemptions and e-gold payments for advertising, until our PayPal account is fixed.

Third, to make up for our tremendous loss of member earnings and relatively low e-gold fund, we will temporarily be lowering the payment for paid emails to 1 cent each and new program notifications to 0.75 cents each. These amount will be raised as soon as we get a good amount of e-gold to use to pay our members.

Fourth, we will try to make payment to you within 24 hours, but we can't guarantee anything.

We will be setting up an AnyPay and NetPay account in order to accept payments and payout using these services.

I want to express my apoligies to all of you for this great inconvienience and I hope you're willing to help us through these tough times.
If you want to help us rebuild our enormous amounts of loss fund, set:
http://searchtimes.com/search/Simple.php?&AID=35445
as your homepage and every once and a while make a search. SearchTimes.com has been nice enough to accomidate our situation by paying using e-gold.

If you do not have an e-gold account, we recommend you get one. They are free and they require no credit card or bank account.
e-gold accounts:
https://www.e-gold.com/newacct/newaccount.asp?cid=359887

If you'd like to transfer your e-gold to your PayPal account or any other thing like that we recommend:
http://www.gold-trader.com/

Thank you for your understanding our situation.

Sincerely,
FastCashEmail.com
http://www.FastCashEmail.com/
webmaster@fastcashemail.com/

Keith
23rd May 2002, 14:41
I have an account with e-gold and e-bullion but i dont know how to fund it :(. I dont have a credit card so i cant do it like that. Umm.. my email isnt verified and i need a credit card to do that (with paypal) so i cant use gold-trader.com. Any suggestions?

I fund my paypal account with my savings account. I dont think e-gold or e-bullion will let me do this. Well i havent figured out how

Keith :hehe:

kahavel
23rd May 2002, 16:06
I just signed up with e-gold and anypay so I am not sure how they work but it seems I heard something about adding funds but am not sure how I will research and if I figure it out I will let you know but until then I would keep a close eye on you balence in your savings and anything suspicious investigate right away I will keep you posted.......:baaa:

Rob
24th May 2002, 11:17
Not sure about the reliability, but you know that dollarz-mad.com do an exchange feature between e-Gold and Paypal.

If you are converting to Paypal however, it's cheaper to use gold-trader.com.

Rob :D

NetDough
26th May 2002, 06:10
Originally posted by Keith
I dont have a credit card so i cant do it like that. Keith :hehe:

Credit Card? That's easy. Do what I do. Sign up at http://www.netspend.com/ . They are a Texas company. :D

You can fund your account at several locations. It is possible they may not be in your area yet but it is best to check. If not they soon will be as they are expanding.

Then you can either use it to shop generating a new credit card number each time that will be deleted when you close the window. This protects you big time from hackers who like to steal cc numbers.

Or for 9.95 you can get the permanent 'credit' card which you can use online or offline and the funds will come from your account. it looks just like a mastercard except it is secured in a way.

No credit checks or anything like that and sign up is free. I love my Netspend.

I have had more than 600.00 spent so far without a hitch. There is also a referral program but I didn't put my referral url in here so as not to break the rules. :p

Heidi

Keith
26th May 2002, 17:12
Thanks for the url. I will look into them :)

Keith :hehe:

freeandeasy
28th May 2002, 20:58
I'm sure many of you have already heard about the class-action lawsuit against Paypal.
There is a lot more going on against them than that. They may even lose their Mastercard contract!
Read this article:

http://www.ecommercetimes.com/perl/story/17787.html

I for one plan to leave as little money as possible in Paypal.
I'm going to use egold and Anypay a lot more, and I'm going to encourage my members to do the same!