I woke up this morning to the terrifying message that my Paypal account is being permanently closed, without explanation or reason. It said: "At PayPal, we value a safe community for our customers to do business. We noticed activity in your account thats inconsistent with our User Agreement and we no longer offer you PayPal services." Also: "Any money in your balance will be held for 180 days, after which well send you an email with instructions about transferring your money." Luckily there is only about $800 on the paypal.
Even worse I am still at a debt to repaying all of your investments due to my margin trading losses. I now no way to grow the funds. I don't know how I will come up with the money yet, I need to find a new payment processor. For now expect possible late repayments, partial payments, and all repayments will have to interest less unfortunately. If anyone has any information of services like Paypal for receiving payments please contact me. Also I will not be taken any further investments until this is sorted.
Im extremely sorry to put everyone in this position.
Hi Sweet.
Okay, seems a bit of a nightmare. $800 of all investments is not a huge amount, right? Would it be viable to send everyone the majority of their investments back and then the last little bit when the 800 Is returned or when you can afford It?
Thanks
EDIT:
Can also be worth giving them a quick ring. I have had lonnngggg holds released this way. I honour your transparency. Sucks a little bit as this was the majority of my investments for when I go to university...