Amazon.com
Sellers have funds held 90 days and are banned after review

Miscellaneous

This is the same scam running by Amazon for years. They take in un-suspecting sellers and let them sell on Amazon. Once the seller has some good money over $1000 they put the account for review at 15,30 days intervals. After first 15 day review they remove the restriction and once 30 day come they again suspend you at time of payment to your bank. They keep the money in reserve for 90 days with no interest and finally release your money and permanently ban you for life. Amazon collect interest for millions of dollars in it reserve and repeat the process for new un-suspecting suckers. It is so sad Amazon is allowed to carry out this scam for years and nobody filed a lawsuit against Amazon. Amazon also require you to fill the orders you receive during the initial review process. Don't do this. It's a trap. Amazon only freeze your account and hold all money in reserve for 90 days.

Their A-Z claim is another scam. If any buyer claim non-receipt of item Amazon require signature confirmation as proof of delivery and even won't accept delivery confirmation or you will lose the claim and Amazon will remove the money from your account. Same with item not as described claims. They just refund buyer without any investigation. Same rule apply for any site using checkout by Amazon. So if you are a seller dont accept this payment method or you will lose the item plus money as A-Z claim terms state that buyer don't have to return the items.


Company: Amazon.com
Country: USA
Site: amazon.com
  <     >  

RELATED COMPLAINTS

Amazon.com
Seller: Andrew Galeucia Scam's you with a fake escrow account with Amazon

Amazon.com
Return and Claim Policies Favor Buyers Over Sellers

Amazon.com
Seller Payments Held Weeks Under Account Review After First Sales

Amazon
Buyer filed claim on used camera despite accurate description

Amazon.com
Seller Refund Dispute Ruled for Buyer Despite Proof of Contact

Amazon Inc
Teen Seller Loses Money After Buyer Claims Item Not Received

Amazon.com
Account Closed and Funds Held After Buyer Claim for Repair-Needed iPod

Amazon Marketplace
Marketplace policies leave sellers open to buyer refund fraud

Amazon.com
Seller Account Blocked, Funds Held and Buyer Refunded Without Return

Amazon Marketplace
Account and funds put on hold repeatedly, then permanently suspended