PayPal sued for holding a Knox County woman’s money for over a year

[Maestro]

PayPal sued for holding a Knox County woman’s money for over a year

by: Caleb Wethington, Don Dare

Posted: Oct 2, 2021 / 05:21 PM EDT / Updated: Oct 2, 2021 / 05:21 PM EDT

 

KNOXVILLE, Tenn. (WATE) — A young Knox County woman is suing PayPal as she wants to know why the online payment company froze her money for over a year. The money sent directly to PayPal was from her unemployment benefits, earned at the beginning of the pandemic because she couldn’t work. So far there have been two preliminary hearings in this case and more are scheduled.

 

Read more: https://www.wjhl.com/news/paypal-sued-for-holding-a-knox-county-womans-money-for-over-a-year/

[Maestro]

After reading the above news story I am wondering whether I should close out my PayPal account. Has anybody had a similar problem with a PayPal account in Thailand?

[HappyGoLuckyLife]

Knox County? Oh, she called the mayor for help on this I bet. 

[nkg]

15 minutes ago, Maestro said:

After reading the above news story I am wondering whether I should close out my PayPal account. Has anybody had a similar problem with a PayPal account in Thailand?

 

PayPal are notorious for freezing accounts with large amounts of money in them. If you receive a payment via PayPal that's larger than usual, be prepared for your account to be suspended pending proof of ID etc etc.

 

I'd advise only using PayPal for small transactions, and withdraw any money you receive via PayPal immediately.

[userabcd]

Paypal are mentioned many times in online forums unilaterally freezing account holders funds

 

 

 

[Neeranam]

Yes, my friend can't take/sell out his Bitcoin and Ethereum. 

[lkn]

On 10/3/2021 at 2:54 PM, Maestro said:

After reading the above news story I am wondering whether I should close out my PayPal account. Has anybody had a similar problem with a PayPal account in Thailand?

Keep in mind that they have more than 100 million users.

 

I can’t read the story (site blocked for EU visitors), but I wouldn’t worry about it, although I am curious why she has been unable to getting this resolved, without having to sue.

 

I’ve had PayPal accounts in five different countries, and had millions go through them, occasionally I’ve run into “you need to provide us with documents” as part of their KYC/AML. but the issue always got resolved, once they got the requested documents.