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CAVEAT EMPTOR, a strong new warning for internet buyers!
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<p>[QUOTE="imrich, post: 8402041, member: 22331"]I purchased a coin from an ebay auction, with direct payment through Paypal.</p><p><br /></p><p>Ebay supposedly withheld funds from the Seller, due him from past ebay sales, which would have allowed him to repay a loan on his temporarily "hocked" coins.</p><p><br /></p><p>He seemingly hadn't physical possession of my purchased coin.</p><p><br /></p><p>He figured ebay would eventually release his funds due from ebay sales to the source temporarily holding coins as collateral on a temporary loan.</p><p><br /></p><p>I've received multiple statements from other sellers stating that ebay will hold funds indefinitely, as Paypal had done to me in the past, never recovering.</p><p><br /></p><p>I'm told ebay can't be sued, as in the past they were just an intermediary.</p><p><br /></p><p>I've closed my Paypal account to determine if funds are going directly to ebay if something is purchased off of the ebay site.</p><p><br /></p><p>I've now ordered something from ebay, paying directly from a bank account.</p><p><br /></p><p>The reorder payment was sent directly by certified mail to a POBox address, payment paid to Sellers' bank account.</p><p><br /></p><p>I can file an action against the seller in small claims court through subpoena action, and report federally to Postal Investigators. </p><p><br /></p><p>JMHO[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 8402041, member: 22331"]I purchased a coin from an ebay auction, with direct payment through Paypal. Ebay supposedly withheld funds from the Seller, due him from past ebay sales, which would have allowed him to repay a loan on his temporarily "hocked" coins. He seemingly hadn't physical possession of my purchased coin. He figured ebay would eventually release his funds due from ebay sales to the source temporarily holding coins as collateral on a temporary loan. I've received multiple statements from other sellers stating that ebay will hold funds indefinitely, as Paypal had done to me in the past, never recovering. I'm told ebay can't be sued, as in the past they were just an intermediary. I've closed my Paypal account to determine if funds are going directly to ebay if something is purchased off of the ebay site. I've now ordered something from ebay, paying directly from a bank account. The reorder payment was sent directly by certified mail to a POBox address, payment paid to Sellers' bank account. I can file an action against the seller in small claims court through subpoena action, and report federally to Postal Investigators. JMHO[/QUOTE]
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CAVEAT EMPTOR, a strong new warning for internet buyers!
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