Money transfer, virtual currency, or money service -- Fraud or scam -- Complaint #5917127

Complaint Overview

Complaint ID: 5917127

Company: Paypal Holdings, INC

Product: Money transfer, virtual currency, or money service

Sub-Product: Domestic (US) money transfer

Issue: Fraud or scam

State: New York

ZIP Code: 128XX

Date Received: 2022-08-25T12:00:00-05:00

Date Sent to Company: 2022-08-25T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Opened Venmo account XX/XX/XXXX. My brother transferred {$1100.00} into said account. On Monday XX/XX/XXXX my bank account was verified, hours later my account was frozen for failure to abide by terms and agreements, when I call customer service they have no answers.. on XX/XX/XXXX I got an email requesting my bank statement, it has been 21 days now and I havent gotten my money yet. I am stressed financially and was borrowing this money to begin with.. now I feel I have put precious information out on the web because of this app

Frequently Asked Questions

What is Complaint #5917127 about?

Complaint #5917127 was filed against Paypal Holdings, INC regarding Money transfer, virtual currency, or money service specifically about Fraud or scam. It was received by the CFPB on 2022-08-25T12:00:00-05:00.

How did Paypal Holdings, INC respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Money transfer, virtual currency, or money service) and describe your issue in detail.

Can I see other complaints against Paypal Holdings, INC?

Yes, visit the Paypal Holdings, INC company profile at readthecomplaint.com/company/paypal-holdings-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

Related Pages