Reclaim The Net
Three PayPal users have filed a federal lawsuit against PayPal for freezing their accounts and funds without explanation. The lawsuit alleges that the company illegally seized their personal property and violated racketeering laws.
Their stories echo the problems of many when it comes to doing business with the payments giant.
We obtained a copy of the lawsuit for you here.
One of the plaintiffs, Shbadan Akylbekov, had his account frozen and $172,000 seized. The company did not explain why his account was frozen. He used the account of a company, owned by his wife, that sells Hyaluron pens, needle-less pens that inject hyaluronic acid…