Paypal fraud

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Paypal is not offering me seller protection! i thought it was meant to be safe and secure as i have been scammed and they have decided to keep my money on hold so i am currently in minus and i do not have the item. Everything else i sell is just making up in the minus figure, i am not happy about this at all and believe Paypal is the biggest scam!! i believe Ebay can do something about this since i heard they own paypal now?
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