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Old 12-13-2012, 10:36 PM  
dave90210
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Join Date: Mar 2007
Posts: 1,745
How To Recover Money From Pay Pal Scammer?

I signed up for this stock market trading community using Pay Pal. I didn't like the format of the guys site and I didn't feel I could make money using his system. I was a paid member for less then 1 day. I asked for my $200 back for the monthly subscription and he said no. He froze my account so I can't login and now I'm out $200.

I filed a complaint with Pay Pal. Since it's not a tangible item I'm afraid they wont be able to do anything. I'm figuring since the guy is dealing with stock market picks I could go to the FTC and file a complaint since he basically stole my money because I pissed him off.

I funded my Pay Pal account transaction with my checking account. I would assume that my money is covered by my bank as well?
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