RE: [SWCollect] Paypal "protection plan"

[Feldhamer, Stuart]

Tom,   As I mentioned in a previous post, I am planning on selling a bunch of stuff on Ebay. In the process, I was trying to decide whether or not to upgrade my Paypal account so that I can accept credit card payments. I was worried that without doing so, I would lose some buyers, and I think this is a legitimate concern. However, your story has given me pause. I have heard a whole bunch more of these horror stories as well. Therefore, I've decided not to use Paypal to receive payments except for from a bank account, where the buyer would have much greater difficulty in disputing the debit.   I hope this strategy doesn't backfire on me...   Stuart -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Sent: Friday, August 08, 2003 8:59 AM To: [EMAIL PROTECTED] Subject: Re: [SWCollect] Paypal "protection plan" In a message dated 08/07/2003 8:33:54 PM Central Daylight Time, [EMAIL PROTECTED] writes: This is just one very small story of hundreds dotted all over the Internet. And these stories will continue until either a) the law changes to pull in PayPal and force it to follow the laws and regulations everyone else is subjected to or b) people learn the fine distinction between PayPal and the institutions they instinctively trust." Well they are now threatening me, if I don't cover the negative balance THEY CREATED by taking my money away they will contact a collection agency. So my perfect credit rating I've created over the years could be damaged. I think I will file a police report against them. You people really want to use a service that would do this to an honest person? Tom Visit my web page for many games for sale/trade and screen shots of Ultima Escape from Mt. Drash,  Tom's Ultima, Infocom and RPG page Information in this message reflects current market conditions and is subject to change without notice. It is believed to be reliable, but is not guaranteed for accuracy or completeness. Details provided do not supersede your normal trade confirmations or statements. Any product is subject to prior sale. CIBC World Markets Corp, its affiliated companies, and their officers or employees, may have a position in or make a market in any security described above, and may act as an investment banker or advisor to such. Although CIBC World Markets Corp. is an indirect, wholly owned subsidiary of Canadian Imperial Bank of Commerce ("CIBC"), it is solely responsible for its contractual obligations. Any securities products recommended, purchased, or sold in any client accounts (i) will not be insured by the FDIC, (ii)will not be deposits or obligations of CIBC, (iii) will not be endorsed or guaranteed by CIBC, and (iv) will be subject to risks, including possible loss of principal invested.