Had no knowledge of the goings on of Paypal before. That does not sound right by any stretch of the imagination.

Other industries also have the bond situation as well, Have had dealings with communciation carriers before and they also ask for a bond to cover bill runs. The amounts can be staggering. This was the reason I too was laid off recently, as the company could not operate after the carrier asked for an obscene amount. Effectivley they took over the customer base once cutting off the lines.
Wonder if Paypal has issued any reply to the situation as it is serious enough to warrant it. Not good at all.