Q: I use PayPal
to accept credit cards for my online collectibles
business. I recently received an email that my PayPal account
was going to expire in five days if I didn't click a link in the
email and give them my PayPal account information. Being naturally
paranoid I decided not to give this information and I'm happy to
say that my PayPal account did not expire. Was this a scam?
— Brenda A.
A: Be thankful that your paranoia kicked in, Brenda,
because you
were about to fall victim to the scam of the week, this one aimed
at the 35 million merchants and individuals who use Paypal.com
as their online payment
processor.
The email you received was not from paypal money adder, but from an Internet
bad guy behind a forged email address using the PayPal.com
domain.
You should understand that no reputable online company will ever
ask you to provide your account information. Think about it.
They already have this information. Why would
they ask you to
provide it.
Since I use PayPal for several of my online ventures,
I, too,
received the email in question. The email first seeks to instill
fear in you by saying that your PayPal account will be closed
if
you do not provide personal information.
to accept credit cards for my online collectibles
business. I recently received an email that my PayPal account
was going to expire in five days if I didn't click a link in the
email and give them my PayPal account information. Being naturally
paranoid I decided not to give this information and I'm happy to
say that my PayPal account did not expire. Was this a scam?
— Brenda A.
A: Be thankful that your paranoia kicked in, Brenda,
because you
were about to fall victim to the scam of the week, this one aimed
at the 35 million merchants and individuals who use Paypal.com
as their online payment
processor.
The email you received was not from paypal money adder, but from an Internet
bad guy behind a forged email address using the PayPal.com
domain.
You should understand that no reputable online company will ever
ask you to provide your account information. Think about it.
They already have this information. Why would
they ask you to
provide it.
Since I use PayPal for several of my online ventures,
I, too,
received the email in question. The email first seeks to instill
fear in you by saying that your PayPal account will be closed
if
you do not provide personal information.
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