Consumer complaint received 2021-09-17
Company: Paypal Holdings, Inc
State: NY
Product: Money transfer, virtual currency, or money service
Sub-product: Mobile or digital wallet
Issue: Problem adding money

Complaint:
Date XXXX XXXX Amount frozen by PayPal {$3000.00} No reason to steal the Company Money By far this is one of the most corrupt companies on the Internet that completely rob and steal American people every day shutting down their accounts holding your funds for no reason whatsoever this department should indict the people involved in this and shut down PayPal immediately! 
Since XX/XX/XXXX, PayPal has decided to shut the business account down with no reason whatsoever. PayPal has over {$3000.00} of the XXXX money to pay our bills such as electricity water rent food for the homeless shelter and now they have shut off the electricity power cable because PayPal has held the money now for almost three months! 

At this time all of our bills are late electricity water cable in our rent because the funds have been sitting in the account since XX/XX/XXXX, and our business affiliates pay us through PayPal and now the funds are locked, and he refused to release the funds for approximately six months. 
We contacted the local please we have filed a police report and people should be charged for fraud and corruption and money laundering they also should be put out of business then to add fuel to the fire I have received several emails from different companies stating pay is {$200.00} and will fix your account which is also run by PayPal. 

PayPal is one of the leading online payment solution and service providers in the world. It has more than XXXX XXXX active accounts in over XXXX markets and in nearly XXXX currencies worldwide. 
By far this is one of the most corrupt companies on the Internet that completely rob and steal American people every day shutting down their accounts holding your funds for no reason whatsoever this department should indict the people involved in this and shut down PayPal immediately! 
Since XX/XX/XXXX, PayPal has decided to shut the business account down with no reason whatsoever. PayPal has over {$3000.00} of the XXXX money to pay our bills such as electricity water rent food for the homeless shelter and now they have shut off the electricity power cable because PayPal has held the money now for almost three months! 

At this time all of our bills are late electricity water cable in our rent because the funds have been sitting in the account since XX/XX/XXXX, and our business affiliates pay us through PayPal and now the funds are locked, and he refused to release the funds for approximately six months. 
We contacted the local please we have filed a police report and people should be charged for fraud and corruption and money laundering they also should be put out of business then to add fuel to the fire I have received several emails from different companies stating pay is {$200.00} and will fix your account which is also run by PayPal. 

PayPal is one of the leading online payment solution and service providers in the world. It has more than XXXX XXXX active accounts in over XXXX markets and in nearly XXXX currencies worldwide. 
XXXX XXXX XXXX XXXX, La XXXX, NE XXXX ( XXXX ) XXXX Paypal XXXX XXXX XXXX At the Paypal headquarters there is a leadership team and a board of directors. 
Leadership XXXX XXXX XXXX and XXXX, PayPal XXXX XXXX XXXX, Chief Product XXXX XXXX XXXX XXXX and XXXX, XXXX XXXX XXXX XXXX XXXX XXXX, Chief Business Affairs and Legal XXXX XXXX XXXX XXXX, Chief Strategy, Growth and Data XXXX XXXX XXXX XXXX, Global Sales XXXX XXXX Chief Risk XXXX and EVP, Risk and Platforms XXXX XXXX XXXX, XXXX XXXX XXXX XXXX XXXX XXXX, Chief Technology XXXX XXXX XXXX XXXX, Corporate Affairs ( For XXXX XXXX and XXXX Inquiries ) XXXX XXXX XXXX, Investor Relations ( For Investor Relations Inquiries ) Board of Directors XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX XXXX Paypal XXXX XXXX PayPal used to be owned by XXXX from XXXX to XXXX, its now an independent company after being spun off by XXXX. Brands associated with Paypal include XXXX, Venmo and XXXX.

Company response to consumer: Closed with non-monetary relief