eBay retaining money after MC011 suspension.

[dsdominators]

Okay, so this is new to me.
I've had 300+ accounts suspended over the years but never have eBay did this.


Is this something new?
They have already been holding the funds for 7+ months. Usually they release after the 3rd or at worst the 6th month.
Anyone ever had their funds held for longer than the typical 180 days?

[Etsyheadache]

If you've been caught using an Alias or someone else's details they'll quote anti money laundering and fraud legislation same as Etsy

[dsdominators]

Well, that defenitely was not the case. Just a random "MerryChristmass"999...

[rsot]

Why did you contact Customer Service in the first place? You didn't have a bank on file already? Sorry - just trying to clarify

[dsdominators]

Everything was verified, the account is 2+ years old.

Out of the blue they hit me with the MC011 requesting tracking numbers and invoices for my orders.

Everything provided promptly, same day they requested them, and everything was 100% legit, no stealth/f@ke BS.

After they finished the review they hit me with a permanent suspension.
7+ months later, the funds are still stuck in the account and emailed them asking whats going on.

This was their reply.

Every next email they keep copy pasting the same reply...
Seems like they won't be releasing the funds.

Only once I've had this happen in the past but after 12 months they released the funds.
Hope that's the case with this one again.

[agent006140]

if you read the fine prints,it said it cannot verify the information provided?
But you said you provided .
who are your wholesale suppliers?

[murdered_by_ebay]

if you had 300 accounts suspended then you must be running a high risk strategy? dropshipping , virtual items , counterfeits?

[firebriar]

I'm afraid of a suspension too

[dsdominators]

Originally Posted by murdered_by_ebay

if you had 300 accounts suspended then you must be running a high risk strategy? dropshipping , virtual items , counterfeits?

Correct.
Dropshipping.
All those suspended accounts are over the span of 10 years.

Though this funds retaining has never happened in the past ... Hope it's not something new.

[dsdominators]

Originally Posted by agent006140

if you read the fine prints,it said it cannot verify the information provided?
But you said you provided .
who are your wholesale suppliers?

AliExpress and Amazon

[murdered_by_ebay]

and this is why they do not want to pay out , they usually do it in two types of cases

a) verification failed

b) fraudulent selling activity is assumed

[agent006140]

Not drop shipping, but retail arbitrage (amzn and alibaba),please read Ebay retail arbitrage policy.
The auto response from EBAY saying they cannot verify your information is not correct,it should say taking Ebay customer money and then buy from another retailer and have it shipped to your Ebay buyer is retail arbitrage and is a violation of Ebay policy.
Retail arbitrage is legit,just Ebay does not like it,once your buyer finds out it comes from ALi or AMZN,he will go there and find out he can have it for less,so in the future,he will go direct to those sites.
You are in Bulgaria?,see if you can find the same items from your local wholesalers.

[rsot]

Originally Posted by dsdominators

AliExpress and Amazon

Fairly standard suppliers of low cost items but hard to deal with invoices

[agent006140]

It is not just the invoices ,but the date of the invoice,-note taking customer money and THEN go to AMZN or Ali to buy the product and ask them to ship.which says he has no inventory on hand,he bought the item with the customer money .
Paypal also does not like the idea,the buyer pays via PAypal and then you IMMEDIATELY useS his money to buy from ALI/AMZN

[dsdominators]

Originally Posted by agent006140

It is not just the invoices ,but the date of the invoice,-note taking customer money and THEN go to AMZN or Ali to buy the product and ask them to ship.which says he has no inventory on hand,he bought the item with the customer money .
Paypal also does not like the idea,the buyer pays via PAypal and then you IMMEDIATELY useS his money to buy from ALI/AMZN

Ever since Managed Payments we all know that's not the case and I am using my own money to send my orders to my customers.

Anyhow... Just hoping it's not going to be a common practice with these MC011s.

The thread will serve as a heads up to everyone. Don't keep more than a couple hundred £ in the eBay account balance.

[rsot]

I found a reliable service outside the forum that has been getting cash back for stealthers with money tied up in pp or MP - pretty interesting.

[johnnycomelately]

Hi rsot, can you pm me about this service. Thanks

[rsot]

Originally Posted by johnnycomelately

Hi rsot, can you pm me about this service. Thanks

Fine - done.

[sapphirepro]

Originally Posted by rsot

Fine - done.

Can you please PM me that service too? Many thanks!

[agent006140]

Originally Posted by dsdominators

AliExpress and Amazon

there you go,you engaged in retail arbitrage which is not allowed on Ebay.
It is not against the law,but violation of ebay policy.
but it said it cant verify ,which is not the right answer for retail arbitrage.
go read about its retail arbitrage rules and see if it said it will confiscate your fund.
I think releasing fund after 180 days is Paypal policy as most buyers use their credit cards,and if they have not filed any chargeback,it is safe,so fund can be released,but not sure Ebay has the same policy.
Whose name is in the linked bank account?

[rsot]

Originally Posted by sapphirepro

Can you please PM me that service too? Many thanks!

follow-up

[macbookpro]

hi , would you please share the cashout service for stealthier, would be a great help,