eBay

nerestaurants0 · ‎11-29-2022

In so far as shipping, I cannot and will not ship anything until E-BAY sends the payout here's why...

E_BAY has a new scam and its a beautiful one I must say. When a a buyer pays e-bay , then sends you a message to ship "Buyer has paid".

Then you get an e-mail "we are doing a performance review on your account because of security reasons and to improve the seller experience"

Which means they not only hold your money for 5 days to begin with, once you receive this performance review, they hold your funds for another 10 days. This is clearly a scam to gain interest on the monies they are holding now that interest rates are paying 7%. Not to mention the buyers are ticked off to no end

Sellers beware. If they do this to 2 thousands customers they raise $2 million in interest by holding your funds for 15 days.

I have called the internal revenue service this morning to notify them that E-BAY is doing this on a very large scale and I want to make sure they are paying taxes on the interest they earn by holding sellers funds.

I also was told by the state attorneys office in Massachusetts that E-BAY should be paying interest on any funds held for any reason from anyone!!!!

The former E-BAY executives have all been sentenced to PRISON! Do a search for "E-BAY executives sentenced to prison".

The long story short is E-BAY cannot be trusted by doing these performance reviews which allows them to hold large amounts of money which does not belong to them and to earn outrageous interest without passing it on to the seller when funds are released. The prior executives are all criminals doing time in prison for their behavior. I have a feeling as uneducated as these people are they do not realize they're breaking law, by not paying interest to a seller when the the funds are held for 15 days.

I just called an attorney who wants to file a class action law suit against E-bay in Massachusetts, regarding fake account reviews to enhance the user experience. Its only fair that I protect other users of this system from criminal behavior which E-BAY is known to indulge in.

The short of it is I will never again ship anything until funds arrive into my account physically.

Since PAYPAL left, this company has gone down hill drastically. BE WARNED .

The IRS has been called and because of their criminal past are now being investigated by the IRS.

I will keep calling the IRS and the Massachusetts State Attorney's office, everyday to report this until I drive them so crazy , they have to act on this criminal behavior. SELLERS BEWARE.

The Indian support is so bad when you call and they are so rude and bully the elderly

Talk about shooting yourself in the foot? By them doing this they are causing bad reviews to be posted by the buyers who have paid and are waiting for their product.

I call it cooperate Suicide! Like they don't have enough problems.

So, if you do not mind waiting 10 days after paying while e-bay earns interest on your money, I will ship as soon as funds are deposited in my account. Look at my feedbacks. I no longer purchase anything on E-bay as Amazon has everything that e-bay has new. Walmart now sells refurbished / used items also. I purchase a lot more then I sell on this system but no more... I legally can say without worry of slander, that E-bay is a known criminal entity because of its past employees and executives that are now in prison.

Do a search for "E-BAY executives sentenced to prison", how can you trust a company that has this stain on their reputation like that?

Now they're floating funds which the IRS told me, that's what they call it. "Floating Funds". Creating false account reviews for false reasons while holding the sellers money as it earns 7% interest. we;re talking millions of dollars here.

I sure got the attention of the IRS this morning on this one believe me... Class action lawsuit coming to a theater near you!

These people are so uneducated and stupid to end up in prison for sending dead body parts of animals to users who complained about their daily antics.

Thank You for your understanding. Will someone PLEASE build a better system, why is there still only one??????????

Here is what they send out to millions of sellers to hold buyers money and to earn that interest...I received this today for no reason and sent it along to the IRS :agent Wayne Wilson"

We noticed some changes in your selling activity

Hi Edward,

We wanted to let you know that because of some recent changes in your selling activity, we are reviewing your account to make sure it’s secure.

There’s nothing you need to do, but until we finish our review, you’ll see a temporary hold on your payouts. We understand this may be frustrating, but reviews like this help keep our marketplace safe for everyone.

We review accounts for many different reasons. For example, if you’re a new seller and don’t have an established selling history, if there’s a big change in your selling patterns, or if you have an increase in customer claims or late deliveries.

Here’s what you need to know

•
We’ll review your account within 5 days and get back to you if we need anything else.
•
If the review is successful, the hold on your payouts will automatically be lifted and your funds will be released as scheduled.
•
You can check the status of the hold on your payouts any time, and learn more about payment holds using the link below.
•
You’re welcome to continue to buy and sell while we review your account.

Check holds status

Meanwhile they are holding my funds for 15 days and I cannot ship my 6 orders to the buyers. Are you kidding me? The attorney Generals office in Massachusetts has called me back twice on this matter, maybe we will get lucky and put a stop to this money laundering scheme.

spark-chaser1 · ‎11-29-2022

OH... one more thing. As a buyer, I'm not ticked off at all. Even new sellers that I've done business with who have (0) feedbacks selling for the very first time, have never withheld shipping any of my orders waiting for payment to clear. They have clearly read and understood the policy that this hold is placed, they are to ship and that they will get paid.

When you withhold shipping, it is you creating the issue by bucking the agreement you agreed to. If what is happening is so egregious, you are complicit by tacit agreement.

There are issues and glitches, those are seen around on the boards, but most understand the terms. And there is NO way that there are any Roswell- level conspiracies that the powers that oversee commerce aren't already dually aware of.

evry1nositswindy · ‎11-29-2022

eBay is not collecting interest on the held funds, as Adyen is the payment processor, but if they were, they aren't earning much! My savings account is earning .01%.

evry1nositswindy • seller since 2013
Volunteer Community Mentor

jgmfreedomauto_5 · ‎11-29-2022

I just had to reply to this. I was on a long flight this weekend and just reading over some of the post ..Checking over my messages this morning there it was (We noticed some changes in your selling activity).I just had to start laughing!!!!

dnasilver · ‎11-30-2022

How do you know what PayPal and eBay's internal business discussions were about. How do you know PayPal wanted out? How do you know eBay did not want to pay less and wanted a part of the company? Really would like how you know what PayPal wanted and eBay did not.

donsdetour · ‎11-30-2022

@dnasilver wrote:
How do you know what PayPal and eBay's internal business discussions were about. How do you know PayPal wanted out? How do you know eBay did not want to pay less and wanted a part of the company? Really would like how you know what PayPal wanted and eBay did not.

PayPal and eBay had to spit due to the law changes as well, Just saying....

geost-6851 · ‎02-07-2024

So, did the release the hold? In how long?

kh-cathy · ‎02-07-2024

Hi everyone,

Due to the age of this thread, it has been closed to further replies. Please feel free to start a new thread if you wish to continue to discuss this topic.

Thank you for understanding.