Forex Remittance Fraud
I raised an invoice to my client in US through Paypal for which received the payment of USD 1000 on July 11th 2012.
Paypal has been fooling us by showing status that the fund has been remitted to my account has never been done till date.
Everytime I complain, they reverse the transaction and deduct some amount and they again show me that it has been remitted to my account. It has been done 4 times till now but I have not received credit to my account till date.
I am not sure how RBI can help here to resolve as this is a case of Foreign Exchange loss.
I am reachable at 9717003417