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Paypal fined $150,000

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  • hookedoncoinshookedoncoins Posts: 1,231 ✭✭✭
    edit: double post.
  • hookedoncoinshookedoncoins Posts: 1,231 ✭✭✭
    I feel violated. Where do I file my claimimageimage.

    I would actually find this concerning had I ever used a credit card through paypal.
  • BoomBoom Posts: 10,165 ✭
    image AWWWWWWWWW.Can you imagine? Big bad ebay and their subsidiary PAYPAL-$150,000- Gee, how

    long do you think it will take them to raise $150,000..2-3 hours worth of insertion fees?image
    Boom's Retired Registry Set & Boom's Retired Variety Set
    image
  • puffpuff Posts: 1,475
    Tickles the hell out of me........ I never did get back the $1000.00+ they ripped me off for!image
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    Thank you, Eliot Spitzer.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • NeptuneNeptune Posts: 2,221
    Glad to hear it. Altho, I haven't ever had a problem - I love it when the big boys/girls are put in their place - and glad that those who were ripped - were compensated. Puff - can't you do something? Now would be the time. image
  • GerryGerry Posts: 456 ✭
    Interesting post. Thank you. PayPal is a nice service, but ...
  • tgilliamstgilliams Posts: 1,969
    they nipped me for $250 2 years ago.
    PCGS sets under The Thomas Collections. Modern Commemoratives @ NGC under "One Coin at a Time". USMC Active 1966 thru 1970" The real War.
  • Prometheus183Prometheus183 Posts: 385
    According to a Tech-TV report, every 60 seconds eBay rakes in an excess of 40K,... 150K will be barely noticed.
    Make it 150 million and then you might get their attention.
    Must be tough for a company to make 40K per minute (after overhead) when nearly 92% of the work is automated.
    Wonder how long before PayBay raises their fees yet again to cover the high cost of doing business?

    I say hats off to Spitzer. He made a good example for other state AGs and the FTC to follow.


    The Rede we live by: If it harms none, do what you will.
    image
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    "every 60 seconds eBay rakes in an excess of 40K... Make it 150 million and then you might get their attention."

    Even then, it would only take 2.6 days to cover such a fine. Imagine that!
    Buyer and seller of vintage coin boards!
  • bushmaster8bushmaster8 Posts: 5,616 ✭
    I strongly urge anyone who hasn't already dumped Paypal to do so. They have burned a lot of people and you could be next!
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    bushmaster8, what's the alternative?
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • mgoodm3mgoodm3 Posts: 17,497 ✭✭✭
    It say that they are also responsible for thew investigation costs: Donuts are on PayPal!
    coinimaging.com/my photography articles Check out the new macro lens testing section
  • bushmaster8bushmaster8 Posts: 5,616 ✭
    Snail mail works for me!image
    "Wars are really ugly! They're dirty
    and they're cold.
    I don't want nobody to shoot me in the foxhole."
    Mary






    Best Franklin Website
  • SarasotaFrankSarasotaFrank Posts: 1,625 ✭✭
    I am certain I have lost sales because many folks want to use paypal and I don't offer it. I am tempted to use it, but I think I just decided to do without it.
    "I want to die peacefully in my sleep like my Grandfather did, as opposed to screaming in terror like his passengers."
  • Dave99BDave99B Posts: 8,524 ✭✭✭✭✭
    $150K?

    Bwahahaaaaaaa. That won't buy a trailer down by the river.

    By the time you read this thread, they'll have made another $200K.

    God bless eBay/PayPal! A match made in Heaven.


    Dave

    image
    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.

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