eBay Left Seller in the Cold in the Case of the Frozen Acct.
Last Updated on Thursday, 2 February 2012 03:35 Written by External Post Thursday, 2 February 2012 03:35
An eBay seller whose account was frozen has sued the company for fraud. According to the Courthouse News Service (CNS), Iconic Trading Co. ("Koolzap" on eBay) was making close to $200,000 a month selling auto parts on eBay, but the plaintiff claims eBay froze its account with no notice and suspended his online store.
The complaint alleges that "eBay falsely accuses thousands of sellers of fraud and freezes accounts on a whim, in an "illicit scheme" to force sellers to pay money they don’t owe," according to CNS.
Two other lawsuits have been filed over PayPal’s practice of holding funds, both of them having sought class action status.
http://www.auctionbytes.com/cab/abn/y12/m02/i02/s02
