Yup - they advertise the "safe" banking, just like a
credit card, but they offer little to no protection
from fradulent sellers or buyers.

I got hit to the tune of $850.  Luckily I paid them
with my CC, so I was able to deny payment of the
transaction.

They are not a bank - they just play one on TV.

Mark
--- Andrew Grebneff
<andrew.grebneff@STONEBOW.OTAGO.AC.NZ> wrote:
> I suggest anyone considering using PayPal check out
> <www.paypalwarning.com> and others; Google for
> paypal. Looks like
> it's in trouble for fraudulent banking, as well as
> baing a ripoff
> outfit.

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