Originally posted by ChipModz
All of these are only suspended. Same thing happening to accounts I've done. What I've been telling my customers is to transfer the account, disconnect from social club afterwards, buy up everything they want in one session, create a second character and load it up with as many expensive cars as they can. This way, after the suspension is up, as long as Rockstar sticks to how they did things in the past, they can resell the cars and have 10's of millions to play with.
However on the console it says that the character progression will be reset!