Anyone have any idea what Amazon does with all the money witheld from all those suspended accounts? Do they put it on their balance sheet and pump their stock or something else?
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Re: What Amazon does with the suspended acc money?
I reckon they just sit on it, unless it was serious crime related involving a sizeable lump of money there's no way they're running to the authorities and handing it over.
Their defence will be "we're awaiting an appeal from this seller or any legal action that might be forthcoming" knowing fine well it's not gonna happen.
Re: What Amazon does with the suspended acc money?
Quote:
Originally Posted by auga
Anyone have any idea what Amazon does with all the money witheld from all those suspended accounts? Do they put it on their balance sheet and pump their stock or something else?
And they also prep it if the copyright holders demand the money to be surrendered to them.