PayPal Fined $150,000 - GoFuckYourself.com

sumphatpimp · 03-09-2004, 01:51 PM

hoe_vender · 03-09-2004, 01:52 PM

I heard that and dont fell bad I hate those guys

sumphatpimp · 03-09-2004, 01:52 PM

ALBANY, New York (AP) -- The nation's largest online payment service, PayPal, is paying New York $150,000 in penalties after misrepresenting to consumers its policy on repayment when merchandise doesn't arrive, the state attorney general said Monday.

PayPal, which claims 40 million customers worldwide, had specifically stated that it provided the same rights and protections of a traditional credit card transaction, said Attorney General Eliot Spitzer. But consumers were often denied those rights, he said.

For example, consumers who didn't receive merchandise purchased through PayPal were often denied reimbursement from either PayPal or American Express or Discover credit cards. A spokeswoman for Spitzer said consumers complained they were being bounced between PayPal and their credit card companies and there was no prompt action.

The credit card firms agreed to properly credit consumers in an agreement with Spitzer late last year.

PayPal creates accounts for buyers and sellers using the Internet, including PayPal's parent, eBay, the Internet auction site. The service lets buyers and sellers exchange money through e-mail.

Besides the penalties, PayPal will pay New York state the investigation costs. The online payment service also will clearly describe consumer rights including conditions or limitations on their rights and refund policies.

Without the agreement, consumers using their credit cards through "e-payment" systems like PayPal would lose their protections under the federal Fair Credit Billing Act and similar state laws.

"Protecting consumer rights in online transactions is the best way to establish and maintain confidence in electronic commerce," Spitzer said.

PayPal has clarified that it will investigate any claims about a deal as long as the complaint is made within 30 days of the purchase.

okny · 03-09-2004, 01:53 PM

What's 150k to some one that makes millions daily.

2k

Oracle Porn · 03-09-2004, 01:54 PM

paypal is probebly laughing....wtf is 150k? 1 hour of transactions...

Furious_Male · 03-09-2004, 01:55 PM

ha.. just a slap on the wrist. They don't give a shit. Freeze 3k accounts tomorrow instead of 2k and they more then cover the fine.

ldinternet · 03-09-2004, 01:55 PM

I hope they get it balls deep in the ass for their fucked up exchange rates, too.

liquidmoe · 03-09-2004, 01:56 PM

So when the adult industry has some shady business dealings everyone cracks down hard, now finally some of paypals shady shit is brought to light and they are getting off compartively light. Then again, if this is the beginning of a new trend, it may pile up after a while.

WoDaT · 03-09-2004, 01:57 PM

PayPal needs to DIE DIE DIE!!!

mike503 · 03-09-2004, 01:59 PM

everyone so far is right - $150k is like fining a normal person a penny. no big deal.

too bad this case isn't related to the worst abuses they're guilty of. they still haven't been challenged on frozen accounts and other injustices.

AlienQ - BANNED FOR LIFE · 03-09-2004, 01:59 PM

I never seen them guys in my life but I keep experiencing strange de ja vu's today.

Started around 9AM and I answered the phone twice...

Very strange day.

SABAI · 03-09-2004, 02:10 PM

paypal are assholes and i hate them, still i heard many stories of accounts frozen and mine was frozen too.

i sent all the papers they required , i yelled at them calling them scammers and threatening to send an army of lawyer. they appologised , explained why it was frozen, wich was obviously an attempt from them to keep the funds in case i didn't react, and they reactivated my account just a little bit after one month.

just to say that its possible to unfreeze a paypal account unless of course you are a real crook or run CP sites

CAHEK · 03-09-2004, 04:30 PM

paypal make 150k within hours

skillfull · 03-09-2004, 04:31 PM

was about time

Ic3m4nZ · 03-09-2004, 04:32 PM

They might make this in few hours but I'm always happy to hear those fuckers paying fines.. My account was frozen too for no legit reasons saying BS that my account has probably been accessed by an unauthorized third party or some like shit.. they're scammers and they deserve to go down..

Stomped · 03-09-2004, 04:38 PM

Quote:

Originally posted by SABAI
paypal are assholes and i hate them, still i heard many stories of accounts frozen and mine was frozen too.

i sent all the papers they required , i yelled at them calling them scammers and threatening to send an army of lawyer. they appologised , explained why it was frozen, wich was obviously an attempt from them to keep the funds in case i didn't react, and they reactivated my account just a little bit after one month.

just to say that its possible to unfreeze a paypal account unless of course you are a real crook or run CP sites

If they frozen your account and you have sent all the papers without received an answer from them you can allways fill a complain against them

https://www.truste.org/ its the best way to fuck them, trust me

BuckLover · 03-09-2004, 04:40 PM

Didn't paypal stop doing adult???

Xplicit · 03-09-2004, 04:49 PM

Good, keep them in check. I still have a couple sponsors paying though paypal.

Peterson · 03-09-2004, 05:09 PM

Quote:

Originally posted by BuckLover
Didn't paypal stop doing adult???

PayPal, eBay's payment service stopped accepting payments for most adult-themed businesses on the Internet

Hollywood Horwitz · 03-09-2004, 05:29 PM

Paypal,we fine you ONE HUNDRED and FIFTY THOUUUUSAND DOLLARS!

Ash@phpFX · 03-09-2004, 09:07 PM

good. its about time.

ModelPerfect · 03-09-2004, 10:19 PM

Glad to see they got at least a minor slap...hope this sets a precedence against them.

03-09-2004, 10:31 PM

After what they did to us....It serves them right!

pradaboy · 03-09-2004, 10:34 PM

Quote:

Originally posted by GigaRoss
Paypal,we fine you ONE HUNDRED and FIFTY THOUUUUSAND DOLLARS!

I actually saw that movie yesterday again

Doctor Dre · 03-09-2004, 10:38 PM

Quote:

Originally posted by Oracle Porn
paypal is probebly laughing....wtf is 150k? 1 hour of transactions...

More like 5 minutes ...

Steen2 · 03-09-2004, 10:38 PM

The PR is bad though.

eskimo · 03-09-2004, 10:42 PM

Can't say that PayPal has done anything wrong to me but from some of the stories i've read about i feel that they definetly deserve this, if not more.

sexsup · 03-10-2004, 04:31 AM

Quote:

The nation's largest online payment service, PayPal, is paying New York $150,000 in penalties

It's not enough!

Babagirls · 03-10-2004, 04:34 AM

yea.....paypal makes that much in about 5 mins. like they gave a fuck.

Shoehorn! · 03-10-2004, 04:36 AM

Quote:

Originally posted by sumphatpimp
PayPal fined for scamming

That's nothing for PayPal. I am friends with the guys who started it. They're working on a new project as of about a month ago.

Jimbo · 03-10-2004, 04:38 AM

I must agree that its not alot for such a company

Jeff aka NIGHTfall · 03-10-2004, 04:42 AM

paypal locked my account like 5times... being a big company they are, i would think they would stop being cheap and buy a fucking 800 number??? it kinda pisses me off my father owns a small business and has an 800 number, yet PayPal is to cheap to pay for long distance calls that sorry fucks like me have to make every month because they lock accounts because im stupid and keep forgetting my "secure" password...

so secure that even i cant crack it

Firehorse · 03-10-2004, 06:03 AM

It reminds me of a story about Bill Gates. It states that if he dropped a million dollars it would not be worth his time to reach down and pick it up!

Tuga · 03-10-2004, 06:09 AM

Quote:

Originally posted by GigaRoss
Paypal,we fine you ONE HUNDRED and FIFTY THOUUUUSAND DOLLARS!

SomeCreep · 03-10-2004, 06:15 AM

Quote:

Originally posted by Firehorse
It reminds me of a story about Bill Gates. It states that if he dropped a million dollars it would not be worth his time to reach down and pick it up!

yeah, Paypal is owned by Ebay which is a billion dollar company. For them $150,000 is about 5 minutes worth of income.

03-09-2004, 01:51 PM	#1
sumphatpimp Confirmed User Join Date: Aug 2002 Posts: 5,235	PayPal Fined $150,000 PayPal fined for scamming

03-09-2004, 01:52 PM	#2
hoe_vender Confirmed User Join Date: Dec 2003 Location: Lincoln, NE Posts: 2,018	I heard that and dont fell bad I hate those guys __________________ ICQ #286508534

03-09-2004, 01:53 PM	#4
okny Confirmed User Join Date: Aug 2002 Location: The Vault Posts: 5,761	What's 150k to some one that makes millions daily. 2k __________________ Aim: okny Icq: 306232 Skype: OlegKrasBT

03-09-2004, 01:54 PM	#5
Oracle Porn Affiliate Industry Role: Join Date: Oct 2002 Location: Icq: 94-399-723 Posts: 24,433	paypal is probebly laughing....wtf is 150k? 1 hour of transactions... __________________

03-09-2004, 01:55 PM	#6
Furious_Male Doing the grind since 99 Industry Role: Join Date: Oct 2003 Location: Buffalo NY Posts: 16,883	ha.. just a slap on the wrist. They don't give a shit. Freeze 3k accounts tomorrow instead of 2k and they more then cover the fine. __________________ Living in Virtual Reality Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

03-09-2004, 01:55 PM	#7
ldinternet Confirmed User Join Date: Apr 2001 Posts: 8,245	I hope they get it balls deep in the ass for their fucked up exchange rates, too.

03-09-2004, 01:56 PM	#8
liquidmoe Confirmed User Join Date: Mar 2002 Location: NY Posts: 4,994	So when the adult industry has some shady business dealings everyone cracks down hard, now finally some of paypals shady shit is brought to light and they are getting off compartively light. Then again, if this is the beginning of a new trend, it may pile up after a while. __________________ Take Luck!

03-09-2004, 01:57 PM	#9
WoDaT Confirmed User Join Date: Nov 2003 Posts: 106	PayPal needs to DIE DIE DIE!!! __________________ -WoDaT .sruoY pU .sdradnatS ruO deppU ev'eW

03-09-2004, 01:59 PM	#10
mike503 Confirmed User Industry Role: Join Date: May 2002 Location: oregon. Posts: 2,243	everyone so far is right - $150k is like fining a normal person a penny. no big deal. too bad this case isn't related to the worst abuses they're guilty of. they still haven't been challenged on frozen accounts and other injustices. __________________ php/mysql guru. hosting, coding, all that jazz.

03-09-2004, 01:59 PM	#11
AlienQ - BANNED FOR LIFE best designer on GFY Join Date: Mar 2003 Location: IALIEN.COM - High Definition Video and Photographic Productions -ICQ 78943384 Posts: 30,307	I never seen them guys in my life but I keep experiencing strange de ja vu's today. Started around 9AM and I answered the phone twice... Very strange day. __________________ NAKED HOSTING FTW!11 I'm On The INSANE PLAN $9.95/mo! \| The Alien Blog Adult News Worth Reading Updated Daily \| Content For Sale! 641 PICS 216 MINUTES OF VIDEO $350.00 \|ICQ: 78943384 \|

03-09-2004, 02:10 PM	#12
SABAI Confirmed User Join Date: Jan 2001 Location: footmaniac.com Posts: 2,880	paypal are assholes and i hate them, still i heard many stories of accounts frozen and mine was frozen too. i sent all the papers they required , i yelled at them calling them scammers and threatening to send an army of lawyer. they appologised , explained why it was frozen, wich was obviously an attempt from them to keep the funds in case i didn't react, and they reactivated my account just a little bit after one month. just to say that its possible to unfreeze a paypal account unless of course you are a real crook or run CP sites __________________

03-09-2004, 04:30 PM	#13
CAHEK C.C.C.P. Industry Role: Join Date: Aug 2003 Location: Novorossiya Posts: 7,057	paypal make 150k within hours __________________ Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

03-09-2004, 04:31 PM	#14
skillfull Confirmed User Industry Role: Join Date: Apr 2003 Location: Quebec Calisse Posts: 4,716	was about time __________________ mind at underdark dot cc SEO Analyst Thunder-Ball.net - Member

03-09-2004, 04:32 PM	#15
Ic3m4nZ Confirmed User Join Date: Aug 2003 Location: Montreal! Posts: 6,285	They might make this in few hours but I'm always happy to hear those fuckers paying fines.. My account was frozen too for no legit reasons saying BS that my account has probably been accessed by an unauthorized third party or some like shit.. they're scammers and they deserve to go down..

03-09-2004, 04:40 PM	#17
BuckLover Confirmed User Join Date: Feb 2003 Location: I'm everywhere Bitches!! Posts: 1,656	Didn't paypal stop doing adult???

03-09-2004, 04:49 PM	#18
Xplicit Confirmed User Join Date: May 2003 Location: █◄►█ Posts: 3,558	Good, keep them in check. I still have a couple sponsors paying though paypal.

03-09-2004, 05:29 PM	#20
Hollywood Horwitz Porn To ROCK! Industry Role: Join Date: Dec 2003 Location: Hollywood Posts: 4,357	Paypal,we fine you ONE HUNDRED and FIFTY THOUUUUSAND DOLLARS! __________________ Ross Horwitz Skype: RossAngeles666 Online Ad Sales / Email / Display Ads / Mobile Cell.323.949.4313 [email protected]

03-09-2004, 09:07 PM	#21
Ash@phpFX Confirmed User Join Date: Nov 2003 Posts: 4,292	good. its about time.

03-09-2004, 10:19 PM	#22
ModelPerfect Confirmed User Join Date: Nov 2003 Location: USA Posts: 2,862	Glad to see they got at least a minor slap...hope this sets a precedence against them. __________________ Logan modelperfect [at] gmail.com http://www.modelperfect.com (Proudly hosted at www.webair.com )

03-09-2004, 10:31 PM	#23
shermo Guest Posts: n/a	After what they did to us....It serves them right!

03-09-2004, 10:38 PM	#26
Steen2 Confirmed User Join Date: Feb 2004 Location: Vancouver, Canada Posts: 7,662	The PR is bad though. __________________ ICQ: 2262.73945

03-09-2004, 10:42 PM	#27
eskimo Confirmed User Join Date: Feb 2004 Location: Melbourne, Australia Posts: 199	Can't say that PayPal has done anything wrong to me but from some of the stories i've read about i feel that they definetly deserve this, if not more. __________________ SIG TOO BIG! Maximum 120x60 button and no more than 3 text lines of DEFAULT SIZE and COLOR. Unless your sig is for a GFY top banner sponsor, then you may use a 624x80 instead of a 120x60.

03-10-2004, 04:34 AM	#29
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	yea.....paypal makes that much in about 5 mins. like they gave a fuck. __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

03-10-2004, 04:38 AM	#31
Jimbo Confirmed User Industry Role: Join Date: Oct 2001 Location: Montreal Posts: 3,989	I must agree that its not alot for such a company __________________ free sex videos

03-10-2004, 04:42 AM	#32
Jeff aka NIGHTfall Confirmed User Join Date: Oct 2003 Location: Port St. Lucie, Florida Posts: 5,162	paypal locked my account like 5times... being a big company they are, i would think they would stop being cheap and buy a fucking 800 number??? it kinda pisses me off my father owns a small business and has an 800 number, yet PayPal is to cheap to pay for long distance calls that sorry fucks like me have to make every month because they lock accounts because im stupid and keep forgetting my "secure" password... so secure that even i cant crack it __________________ Register Now For PimpinPays.com

03-10-2004, 06:03 AM	#33
Firehorse Desire it and have it!!! Join Date: Apr 2002 Location: www.fuckwithfire.com ICQ 512915 Posts: 30,767	It reminds me of a story about Bill Gates. It states that if he dropped a million dollars it would not be worth his time to reach down and pick it up! __________________ MySweetEbony