Margin holdings a scam ?

Temp20240629i
New Community Member

Margin holdings limited charging my account without approval or ordering anything...? This company is not a legit company and is a scam.  will PayPal reverse these charges?

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4 REPLIES 4

cajm
Contributor
Contributor

I just received two items, that I never ordered, some type of cheap power washer for cars.....they sent two.   The label only provides the name of a Shipping Dept in Franklin Parks, IL.   The only information inside is a care from Modern Lifestyle Shop.........I've never heard of them, and definitely did not order from them. I called and told the representative I never ordered from them, he asked for my phone number, and email address, and again I told him, I never ordered from them......He said I must have, and foolishly I did give him my phone number and email address, and told him again, I did order these things, and I want to return them, and if they charged any of my accounts, credit or bank, it want a refund immediately. 

He then went on to tell me they would send a Return Package label to me, but offered me to keep the products and only pay 50%, I said no I don't want them, send me return postage label, he kept going, trying to get me to keep products and now pay only 75%?????  I knew I was scammed, and then told him I was calling police and making report, and hung up.  NOw scared as I had given him my phone number and email  So,  I checked my bank account, my Amazon account and nothing was listed there, But just now,  I checked my PayPal account, and lo and behold, there are 3 different charges from Margin Holdings, I never ordered from, and they apparently were placed earlier in June, but today it is now showing a REFUND for all 3 of those charges???????   I think Margin Holdings and  Modern Lifestyle Shop are one and the same.   If I didn't receive this pkg, and realized I never ordered it, and called these people, I would not have checked my PayPal account.  I think when the representative heard me yelling that this was a scam and I making a police report, they quickly put the refunds in for three charges, that I never made......  I want to make sure they cannot access  my account again.   I am going to try and call customer Service at PayPal about this.   Be Aware People, and check your PayPal accounts daily if not weekly.

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Aronthedon
New Community Member
Margin Ltd showed up randomly on my PayPal credit and I've never even heard of them and they are charging me 120$ ?? Like WHAT? DOES PAYPAL FIX THIS BC I DIDNT PUTCHASE THIS AND I HATE TECHNOLOGY SOMETIMES FML
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katinhatt
Contributor
Contributor

The same thing happened to me.  On Paypal, you can "remove paypal" as payer in the menu.  Also, I called Margin Holdings (just look them up for email and/or phone) . I called and cancelled.  They will try to keep you with the monthly subscription and keep offering better and better discounts for their electronic products.  

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TVSteven
Contributor
Contributor

Yup! Same happened to me. I went to my PayPal account and followed the recommendation on this thread to cancel the autopay feature to this company. There, you’ll also see a contact email and phone number to reach Margin Holdings. I called them and canceled with them, as well, as also recommended. They DO try to offer further discounts to remain subscribed, which I denied until finally cancelled. Apparently, if you bought a product with them, you accepted a monthly subscription fee for deals offered, monthly. I don’t remember accepting any such subscription and they won’t refund that fee, so I simply accepted my first monthly subscription fee of $9.99 as a loss and cancelled to reduce any future losses, at least!!!

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