06-11-2007, 01:02 AM
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 | Junior Member | | Join Date: Apr 2007
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Quote:
Originally Posted by Modee  PAYPAL:
No, they reversed two transactions for $3400. total on a friend of mine. Deposited one day, taken right out the next. If he had been quicker he could have gotten the money out and left a zero balance, but he did not. Also, who knows, maybe his bank would have ended up with a negative balance owed.
He complained to the bank, tried to call it an unauthorized debit (because the link between PP and his bank had been severed that same day), reported to the FTC, etc., but in the end PP called it a "reversal" and got away with it. | Like Jack said, PP can no longer take money out of your banking account without the approval of the account holder. |
