PPC Submitter : Monday, June 4, 2012, 13:27
Random secruity hold on money
About a month ago a friend of ours wanted to send a student some money, as a gift, towards his collage admission fees. The student lives in Peru and his family could not afford to pay for his admission into school. The friend sent a GifT transaction of $600.00 to the students new PayPal account. The student lives in Peru, the gift money from USA. The student was notified that the money was in his account however he was not able to move the funds out of PayPal to his bank account. Nor would PayPal let him return the gift to the sender. The only option he had was to use the money for purchases on line, Ebay. I knew both parties and tried to help the student identify what the issues were but failed with PayPal. So I suggested he try sending me the money as a “service”. As soon as PayPal finished with an investigation the student sent the $600.00 to my account. PayPal charged the student $25.00. As soon as the money was in my account PayPal opened a “case” to investigate the possible “error” with the transaction and asked me to confirm the transfer was authorized by me. I filled out the required questionare. PayPal said they would notify me when there investigation was complete. What investigation? For what? PayPal wanted the shipping address for the item I shipped the student. There was NO ITEM. So of course I had great problems with the form. It has been a couple weeks and no word from PayPal. IN the mean time I have given $600.00 of my own money to the student so he could register for collage. I am out $600.00. Now PayPal has shut down my PayPal account because the account was “randomly selected” for a security check. I cannot get into my account without providing my complete bank account number and complete credit card number, then answer more questions. The today PayPal has now done the same “random selection” on my business PayPal account. So they have shut me down on both accounts, personal and business. To make matters worse I am in South America, I flew here to help the student get into college by bringing him the money myself!
Submitted By:: D. Peck
Location-: South America
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