PayPal Cited for Patriot Act Violation

No Pay For Online Gambling Merchants

[digitalghost]

Online auction company eBay Inc. said its PayPal Inc. auction payment unit is being investigated for possible violations of the USA Patriot Act.

[enterprisesecurity.symantec.com...]

[pendanticist]

<Ahhhh, what the heck!>

.:Bump:.

[martinibuster]

The letter offered to rescind the allegations if PayPal pays the amount of money it earned by handling online gambling transactions from Oct. 26, 2001, through July 31, 2002, plus interest.

Wow, that's weird! It almost sounds like a 3rd world shake down!

(No offense intended!)

[edited by: martinibuster at 1:49 am (utc) on April 10, 2003]

[bcolflesh]

Welcome to the New America - can I see your papers sir?

Regards,
Brent

[Receptional]

More under "Technology" at [freep.com...]

Time to get your money out of Paypal Brett?

[digitalghost]

More info on the Patriot Act [peoplesearch.com]

The implications of this action go quite a bit deeper than PayPal. Offshore pharmaceuticals? The subtitle on the page given in the link above is ominous, "Know Your Customer - Background Checks, Fraud detection, Identity & Credentials verification" Knowing your customer on the web? Hmm...