Pay Pal Fraud is very common and there seems to be a new scam every day. We have examples below.
Note: We have received so many of these fraudulent paypal scams that we wanted you to be aware of what is circulating around out there.
Social Engineering is used among hackers for cracking techniques that rely on weaknesses in physical security rather than software; the aim is to trick people into revealing passwords or other information that compromises a target system’s security.
Here is a classic example that we receive on a regular basis. This letter is designed to entice you into giving away your account information:
Pay Pal Letter
Date: Wed, 21 March 2007 03:12:29 +0300
From: PayPal Billing Department Billing(at)PayPal.com>
Subject: Credit/Debit card update
Pay Pal Scams
Dear Pay pal valued member,
Due to concerns, for the safety and integrity of the pay pal account we have issued this warning message.
It has come to our attention that your account information needs to be updated due to inactive members, frauds and spoof reports.
If you could please take 5-10 minutes out of your online experience and renew your records you will not run into any future problems with the online service.
However, failure to update your records will result in account suspension
This notification expires on 48 hours.
Once you have updated your account records your pay pal account service will not be interrupted and will continue as normal.
Please follow the link below and login to your account and renew your account information
PAY PAL Link (which really takes you to a fake pay pal page!)
Pay pal customer department!
——– End of Fraud letter ————–
Please do not reply to this e-mail. Mail sent to this address cannot be answered. For assistance, log in to your Pay Pal account and choose the “Help” link in the footer of any page.
To receive pay pal email notifications in plain text instead of HTML, update your preferences [here] (which take you to the real paypal.com).
Pay Pal Fraud
Whenever you receive a message such as this one, play it safe and call the company – Do Not follow links. Any legitimate company should include a contact number for similar messages.