PayPal Popular Tool for Crooks Trying to Steal Your Money

May 12, 2021 0 Comments

PayPal is an ever-growing tool used by many people to do business online. But along with honest users simply trying to buy and sell, criminals are also taking advantage of the service. With websites like eBay and Craigslist, buying and selling online has become a huge chunk of the market. Even other websites allow PayPal as a form of payment for a good or service. But not everyone is out to help you. Scammers are constantly claiming to send out money that you actually never receive. More importantly, they’re phishing for your information to steal not just your money, but your identity as well.

Phishing emails are probably some of the most common scams you’ll run into. The crooks are getting better at fooling people, so beware. You might receive an email claiming to be from PayPal, asking to verify your personal and bank account information. Remember, PayPal will never ask you for these things through an email. The email looks legitimate, but it’s important to note that scammers are getting very good at faking emails – including the email address and websites they might have you visit Buy Verified PayPal Account.

More recently, the fake emails are sent with the goal of getting you to send the scammers money. When you’re selling an item, a scammer will often offer to pay much more than the item is worth. They’ll send you a certain amount of money, and then you have to send your item and wire the money back to them before it’s released to you. Since people were catching on pretty quickly, the crooks started sending emails from fake PayPal accounts. The email, looking like a legitimate message from PayPal, would essentially state the same thing. You’ve receive your money, but it can’t be released to your account until you’ve wired a big chunk of it back to the buyer. In reality, PayPal will never have you do something like this, and wiring money to anyone is a huge red flag that something is wrong.

Perhaps all of this information has come to you too late. You or someone you know has already been scammed, or you think your identity has been compromised. PayPal has a few ways for you to contact them and let them know your story.

Leave a Reply

Your email address will not be published. Required fields are marked *