The short version is that I own a small business and this year I was able
> to get a VERY good deal on the in-demand Sirius Stiletto 2 portable
> satellite radio. At Best Buy they're $329 and I was able to sell them on
> eBay at $239 and still make a nice profit.
>
> Needless to say, my account activity and value escalated very quickly...
> and my account was frozen. I jumped through a lot of hoops and applied a
> little pressure (I work on a national radio show and let them know about
> all that I was going to say about them on the air) and my account was
> taken care of in 24 hours.
>
> Two days later, it was shut down again, this time citing their review of
> my business credit report... whatever. This time, they tell me that
> they're "parting ways" with me and that my account will never be reopened
> again. I've had this PayPal account for 5 and a half years with NO
> problems before. Luckily, I'd already moved a large majority of my money
> out of PayPal and only a little over $2,200 remains in the account. They
> informed me that they would be keeping that money for 180 days.
>
> I've contacted my attorney and we are meeting on 12/27 about the proper
> action to take... I assure you, though, some action will be taken. First
> he is simply going to write a letter to their legal dept, but if that
> fails, I am almost certainly going to take them to court. I would gladly
> spend $5,000 more in court costs just to make them pay.
>
> The thing is, I did nothing wrong. I'm not a fraudster, I'm not a
> scammer... I'm just a guy doing legitimate business using their tools in
> EXACTLY the way they're supposed to be used. I did more than $30,000 in
> sales in the past 6 days - you do the math on how much THEY made off me
> this week... This Nazi attitude of PayPal is absolute insanity.
>
> Anyway, I figured you'd like to know about this... especially if it gets
> to the point of litigation. Can you imagine - litigation over $2,200?
> That's almost funny.
>
> I will send a copy of the correspondence exchange between my attorney and
> theirs for you to post if you'd like. The more people that know the truth
> about PayPal, the better.
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