10 PayPal Scams in 2022 and How to Avoid Them (2022)

Click here for a summary of this article 10 PayPal Scams in 2022 and How to Avoid Them (1)

10 PayPal Scams in 2022 and How to Avoid Them (2)Common PayPal Scams in 2022: A Short Summary

As one of the largest online payment processors in the world, PayPal is a huge target for scammers. They prey on unwary PayPal users to steal goods and money in a number of creative ways.

The most common PayPal scams of 2021 include:

  1. “Problem with your account”:The hackers claim that there’s a problem with your account. They send a phishing email to a spoofed website to get your credentials.
  2. Promotional offer scam:Hackers send you an email telling you that you’ve received a cash rebate or an incentive. They send you a spoofed website to get your login details.
  3. “You have money waiting!”: Emails that tell you that there’s money in your account. Hackers send a spoofed website to get your details.
  4. Advance payment scam:Hackers claim that you are entitled to a large sum of money, but an advance payment is needed to release the funds.
  5. Shipping address scams. Using fake shipping addresses, bogus shipping labels, and other strategies to send goods to untraceable destinations.
  6. Hacked accounts: Using a hacked PayPal account to pay for an item.
  7. Alternate payment requests: Requesting to use the PayPal Friends and Family money transfer option to pay for goods (which is not permitted by PayPal).
  8. Overpayments: Sending a seller more than the agreed-upon sale price, then asking for the difference to be refunded outside of PayPal.
  9. Payment pending claims: Asking the seller to provide a tracking number so that the payment funds can be released to the seller.
  10. Fake charities: Creating fake charities and using PayPal as a way to make donations.

Read on to find out how these scams work, and what you can do to avoid becoming a victim on PayPal.

10 PayPal Scams in 2022 and How to Avoid Them (3)

PayPal is a giant in online payment processing, with nearly 400 million users making billions of transactions each year.

The sheer processing volume makes PayPal an appealing target for fraudsters looking for an easy payday. The security risk, though, doesn’t come from where you’d expect.

Phishing scams and fraudulent transactions at the individual account level are a much bigger threat than a system-wide breach of the entire PayPal platform.

For this reason, it is important to learn about the most common types of PayPal scams and understand how to avoid them.

Common PayPal Scams

There are endless ways for scammers to try and separate you from your money. You may have already heard of popular scams circulating on Facebook and Instagram. However, there are certain strategies that fraudsters rely on again and again. Why? Because these common scams work.

Here are the most common PayPal scams in 2022. Many involve email, but some masquerade as legitimate PayPal transactions.

1. The “problem with your account” scam

Email is a preferred method for scammers to steal your money. Fraudsters have a fairly standard playbook that unfortunately delivers results. You may receive a phishing email claiming that there is an issue with your PayPal account. The email also includes a link and requests that you click on it to log into your PayPal account. Here’s an example of a common PayPal phishing email:

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10 PayPal Scams in 2022 and How to Avoid Them (4)

This email is bogus and the link takes you to a spoofed PayPal website. When you enter your login credentials on the imposter site, the data is immediately transferred to the scammers. They now have everything they need to access your real PayPal account. You can guess what happens next. It’s one of the most common social engineering attacks designed to gain access to your PayPal account.

2. The promotional offer scam

You receive an email offering a cash rebate or some other financial incentive, and all you have to do is log in to your PayPal account to verify a few details. Just like other email scams, the link in the email directs you to a fake PayPal website.

If you click on the link and enter your login credentials, the scammers get access to your credentials and can drain your account.

3. The “you have money waiting” scam

You get an email telling you that you’ve received money in your PayPal account. All you need to do is click on the link to release the funds!

Unfortunately, the link in the scam email directs you to yet another pretend PayPal site.Once there, if you type in your PayPal login credentials, the scammers get that information and use it to gain access to your legitimate PayPal account.

4. The “advance payment” scam

Who doesn’t like receiving an unexpected windfall? This scam plays on emotion, sending you an email notice that you’ve won, inherited, or are entitled in some other way to receive a large sum of money from an unexpected source. The only catch is that you first have to send a small sum via PayPal to cover transaction fees (or some other bogus expense). It’s enticing, which is what makes it so effective.

Sadly, the old adage “if it’s too good to be true” is appropriate here. Once you send the small sum, you never hear from the scammer again, and you’re out the money you sent.

5. Shipping address scam

There are other ways clever crooks will try and steal your money via PayPal. Unlike unsolicited emails that lead you to pretend PayPal websites, these scam methods involve actually engaging with you on the real PayPal platform. There are several types of common PayPal scams that involve shipping addresses:

  • Buyer wants to use a preferred shipping method – the buyer will ask you to ship their item using their preferred shipping company. They might claim they get a discount, the shipping speed is faster, or give any other reason. If you agree, the buyer can easily contact their shipper and reroute the package to a different address. They then contact PayPal and file a claim for non-receipt and ask for a full refund. Since you can’t prove the item was received, you’re out the money, the item, and even the shipping fees.
  • Buyer provides their own shipping label – sometimes a buyer will offer to send you a pre-paid shipping label. They might claim that they get a cheaper rate or give a generic excuse. If you use their shipping label, the buyer can reroute the package to a totally different delivery address, claim they never received the item, and ask PayPal for a full refund. The shipping label may have been purchased using a stolen credit card, which may expose you to even more trouble.
  • Buyer gives a fake shipping address – the buyer provides a fake delivery address. When the shipping company cannot deliver the package to that address, the buyer proactively steps in and provides a new, legitimate delivery address. The package gets rerouted and delivered, at which point the buyer files a claim with PayPal alleging they never received the item. Since the final delivery address doesn’t match the address listed on the Transaction Details page, PayPal will likely grant the refund.

These types of scams work because PayPal only offers a seller protection if they have proof of delivery to the address listed on the Transaction Details page. Here is a sample of what that screen looks like.

10 PayPal Scams in 2022 and How to Avoid Them (5)

6. The hacked account scam

A buyer uses a hacked PayPal account to pay you for your goods. You don’t know the account was hacked, so you ship the product as soon as payment is confirmed.

Unfortunately, once PayPal discovers the hack, they will withdraw the funds from your account. You’re left without the product or the payment.

7. The “alternate payment method” scam

Sometimes a scammer will ask you to transfer money via PayPal’s Friends and Family option. This may seem attractive, because this eliminates the fee that PayPal levies on standard sale transactions.

Unfortunately, paying for goods is not permitted under the Friends and Family money transfer option. Any payments made like this are no longer protected by the PayPal protection program. Once you transfer money this way for goods, you have no recourse against claims of fraud later on.

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8. The overpayment scam

A buyer purchases something from you and sends you more than the agreed-upon sale price. They claim the overpayment was a mistake and request a refund for the difference. They ask you to send the refund directly to an account outside PayPal. You oblige and transfer the balance to them.

Once the scammer gets the money, they dispute the original transaction on PayPal (usually claiming their account was hacked and no payment to you was intended). PayPal refunds them the full amount, and the money you sent them outside PayPal is gone forever.

9. The “payment pending” scam

A buyer engages with you on PayPal to pay for an item you are selling. They message you, claiming to have made the payment, but that PayPal won’t release the money to you until you provide a shipment tracking number.

The scammer wants you to ship the product and provide the tracking number before you get paid. If you do, the fraudulent buyer gets the item and disappears without you ever getting paid.

10. The “fake charities” scam

Scammers often use PayPal to con kind-hearted people looking to make a donation. In case of natural disasters, many people search for local charities where they can donate for relief efforts. Scammers use this to their advantage. They set up fake charities or donation sites and ask you for contributions via PayPal.

Before you make any charitable donations via PayPal, do your due diligence and verify that the charity is legitimate. There are several websites that do this, including Charity Navigator and Charity Watch. Another way to tell if a charity is valid is to check their website. If a charity doesn’t have a website, this is a big red flag. If the website looks suspicious (doesn’t use HTTPS protocol), it’s best to avoid it.

How PayPal Protects You Against Scams

PayPal offers two types of protection for its users: PayPal Buyer Protection and PayPal Seller Protection.

PayPal Buyer Protection

If a qualifying transaction on PayPal goes wrong, the buyer is entitled to a full refund of their order. Buyers have 180 days to dispute a transaction. To qualify for Buyer Protection, the purchaser must:

  • Pay with PayPal.
  • Make a single payment (no installment payment arrangements).
  • Keep their account in good standing.
  • File the dispute within 180 days.

PayPal Seller Protection

For businesses accepting PayPal as a payment method for the sale of goods or services, the Seller Protection program guarantees that the seller may retain the full purchase price when certain criteria are met. To qualify, the seller must:

  • Have a primary PayPal address in the United States.
  • Sell tangible, physical items.
  • Ship to the address listed on the Transaction Details page.
  • Provide valid proof of shipment or delivery.

How to Protect Yourself from PayPal Scams

Staying safe on PayPal requires vigilance and common sense. Here are some ways you can keep your account safe from PayPal scams.

Dealing with PayPal scam emails

  • Be wary of email links. Only click on email links when you are absolutely sure the email is legitimate (e.g. you asked the sender for the message or are otherwise expecting such an email). It is a much safer practice to log in to your PayPal account directly in your browser or app and check to see if the contents of the email are legitimate.
  • Check the sender’s email address. You can also easily identify spam emails by looking at the sender’s actual email address. Don’t just go by the display name. Anyone can create a legitimate-looking display name, but it is harder to fake a legitimate email address. Click or tap on the sender’s display name, and the real email address behind the display name is revealed. PayPal only uses the @paypal.com email domain.
  • Ignore PayPal emails that don’t address you by name. Legitimate emails from PayPal will always include your actual name (exactly as shown on your account). Greetings like “Dear Customer” or “Hello PayPal user” indicate a scam attempt.
  • Delete PayPal emails that ask you to provide sensitive information or to download/install software. PayPalstates on its website that it will never send you an email that asks for sensitive information like your password, bank information, or credit card details. They will also never send an email asking you to download or install any software.

Other strategies to avoid PayPal scams

  • Don’t send money outside PayPal for transactions conducted on the platform. Legitimate buyers rarely overpay, but occasionally mistakes happen. Should a buyer overpay you, cancel the transaction and start over? Don’t honor their request to refund them directly to another account.
  • Always use your own shipping method. When you choose the shipping method, you control delivery and won’t find yourself using bogus shipping labels or falling victim to rerouted packages.
  • Only ship to the address on the Transaction Details page.When you ship only to this address, you satisfy one of the requirements of the PayPal’s Seller Protection program.
  • Block package rerouting with your shipping company.Contact your shipping agency and add this layer of protection to every shipment. The buyer can’t reroute your package, receive it elsewhere, and claim it was never delivered.
  • Only deal with verified buyers and sellers. When a PayPal account holder goes to the trouble to verify their account, it is a good sign they are not a scammer. If you do business with non-verified PayPal accounts, proceed with extreme caution.

For more tips on how to stay safe on PayPal, check out 9 Tips for Keeping Your PayPal Account Safe.

What to do if You’re the Victim of a PayPal Scam

First things first. If you think you’ve fallen victim to a PayPal scam, immediately change your PayPal password! If you’re looking for ways to create strong, secure, unique passwords for PayPal and your other online accounts, consider using a third-party password manager or the feature built into your favorite browser.

Change your PayPal security questions at this time, too.

Type of FraudWhat to Do
Fake PayPal email or spoof websiteYou receive what you believe is a fake email from PayPal:
  1. Forward it to [emailprotected]
  2. Delete the email.
  3. If you clicked on any links and/or provided any sensitive information, login in to your PayPal account and check for suspicious activity. If you haven’t already done so, change your password.

The email you receive seems to be a legitimate email from PayPal:

  1. Log in to your PayPal account via browser or app.
  2. Check your Message Center. This is where legitimate emails from PayPal regarding issues with your account (along with steps to fix the situation) will appear.
Unauthorized account activityIf, after logging in to your PayPal account, you notice a suspicious transaction:
  1. Scroll to the bottom of any page and clickResolution Center.
  2. Click Report a Problem.
  3. Select the transaction you want to dispute and click Continue.
  4. Select “I want to report unauthorized activity.”
  5. Click Continue.
  6. Follow additional instructions.
Fraudulent transaction or buyer/sellerIf you sent a payment but didn’t get what you expected, shipped an item and never received payment, or you think the other party is a scammer:
  1. Scroll to the bottom of any page and click Resolution Center.
  2. Click Report a Problem.
  3. Select the transaction you want to dispute and click Continue.
  4. Select “I didn’t receive an item I purchased…” or “I want to report unauthorized activity.”
  5. Click Continue.
  6. Follow additional instructions.

Final Thoughts

PayPal is one of the most popular online payment services in the world, and for good reason. It offers buyers and sellers an easy, convenient, and safe way to exchange money with almost anyone, anywhere, and in many currencies.

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To maximize your safety when using PayPal, it is important to be aware of the ways scammers will try and use the service to steal from you. Understanding what the most popular PayPal scams are – and knowing how to avoid becoming a victim – will keep your PayPal account secure.

PayPal Scams: Frequently Asked Questions

Check out our list of the most frequently asked questions we receive about PayPal scams. If you still have questions, drop us a line. We’re always happy to help.

How do I know if a PayPal email is real?

Legitimate PayPal emails will always address you in the body of the message with your real name (exactly as it appears in your account). Real PayPal emails will also originate exclusively from an @paypal.com address. To check the email address of the sender, click or tap on the sender’s display name to see the actual email address used. You can also read about other PayPal scams.

Will PayPal refund me if I'm scammed?

PayPal offers two protection programs – the Buyer Protection program and Seller Protection program. If you feel you’ve been the victim of a PayPal scam, visit PayPal’s Resolution Center and file a complaint about the transaction in question. PayPal will follow up with additional steps to take regarding your claim. PayPal is relatively safe, but it doesn’t hurt to secure your account.

How do I report PayPal scams?

Go to PayPal’s Resolution Center to file a formal complaint about any questionable transaction. If you receive a fake PayPal email, forward it to [emailprotected] Also, it’s best to read about the most popular PayPal scams in 2021.

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Does PayPal refund money if I'm hacked?

Whether PayPal refunds your money depends on the type of transaction involved, and whether you meet the requirements of the Buyer Protection or Seller Protection program. Additionally, if you have tied your bank account or debit card to your PayPal account, PayPal may defer to your financial institution for hacks that withdraw money directly from your bank account.

How do I report PayPal phishing emails?

If you believe you received a fake PayPay email, send it to [emailprotected] Then delete the email from your inbox.

Liz Wegerer Author

Tech journalist

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Liz is a professional writer with a special interest in online privacy and cybersecurity. As a US expat who travels and works in diverse locations around the world, keeping up with the latest internet safety best practices remains her priority.

FAQs

How do I avoid PayPal scams? ›

What Can You Do to Avoid PayPal Scams?
  1. Before accepting a payment, look out for red flags. ...
  2. Items that have a high resale value or are in high demand are especially attractive to fraudsters. ...
  3. Even customers with valid credentials may commit friendly fraud out of ignorance or impatience.
Nov 17, 2021

Can you get scammed on PayPal if someone sends you money? ›

Among the most common scams in this category are overpayment scams, in which a buyer sends a seller payment, but for some reason they send more than the sales price. The buyer claims it is a mistake, and asks for a refund of the difference, but immediately on receipt the buyer cancels the original transaction.

Can PayPal be Hacked 2021? ›

The most common PayPal scams of 2021 include: “Problem with your account”: The hackers claim that there's a problem with your account. They send a phishing email to a spoofed website to get your credentials.

How do you know if you are being scammed on PayPal? ›

How to identify fake messages
  1. Generic greetings. Phishing messages often begin with impersonal greetings. ...
  2. Attachments. Attachments can contain malware, so never open them unless you're 100% sure they're legitimate.
  3. A sense of urgency. ...
  4. Fake URL. ...
  5. Asks for sensitive info. ...
  6. Poorly written.

Can PayPal steal money from your bank account? ›

A part of what makes PayPal so attractive to identity thieves and fraudsters is the fact that a single PayPal account can link to multiple bank accounts, including checking and savings accounts or bank cards (Reference 1).

How do I protect my PayPal account? ›

How to Protect Your PayPal Account: 9 Tips for Better Security
  1. Use a Strong Password. ...
  2. Enable Two-Factor Authentication. ...
  3. Review Account Permissions. ...
  4. Set Strong Security Questions. ...
  5. Disable Auto Login. ...
  6. Keep Your Mobile Device Secure. ...
  7. Add a Recovery Email and Phone Number. ...
  8. Don't Fall for Phishing Scams.
Oct 27, 2020

Can someone hack your email with just your email address? ›

Can someone hack your email with just your email address? If a hacker knows your email address, they can use a variety of email hacking techniques to crack it. They can send you phishing emails or try to crack your password.

Once you’ve signed up to the service and linked your bank account and credit cards, you can transfer money to someone you’ve never met without needing more than their email address.. To log into Paypal and start spending money, all you need is an email address and a password.. Use a unique email address for Paypal.. Two Factor Authentication (2FA) means that Paypal uses an additional method to check that the person logging in with your email and password is actually you.. All my emails from Paypal begin Hi Chris Hauk because Paypal knows my full name.. They never start an email by addressing me as Dear Customer, because by using my full name they are verifying that they know who I am and that I have an account with Paypal.. If I had used [email protected] to register my email account, scammers could send out a more personalized email.. The second thing to check is that the link to the Paypal site does actually take you to the Paypal site.. Believe it or not, Paypal does not actually own all the Paypal second and third level domains.. Images can contain snippets of code and unique identifiers which, if allowed to load, can tell scammers that the email address is active, in use, and that the owner probably has a Paypal account.. In order to claim this money grant, you will need to send $100 via Paypal to [email protected] to cover the transfer fee (You can get a discount by sending it as Friends and Family ).. Use a unique email address and password for Paypal .. If you suspect someone is trying to scam you through use of your PayPal account, you’re first step should be to open an issue in the PayPal resolution center .

Requests for payments before items are shipped.. The shipping address scam is something that affects online sellers.. For example, you sell a $10 item, and the buyer sends you $20.. Where possible, avoid clicking links in email and open the PayPal website directly on your web browser.. PayPal is one of the most popular payment methods for online donations because it offers convenience and security.. Victims make donations via PayPal, often to a hacked account.. Although not a direct scam, hacked accounts are common on PayPal.. They might be able to make unauthorized withdrawals from your bank account and transfer them into their accounts.. They might also be able to use your funds on eBay or other websites.

Fake hyperlink scams : These are links, that may be present within scam emails, that claim to point to the official PayPal website but which will actually take you to a phishing website.. Here’s what the email looks like.. Thank you for using PayPal!. When you get an email from the fake account, not only can it bypass spam filters , it may look completely legitimate when connected to an equally legitimate-looking email (such as some “problem with your account” scam emails).. Open the suspected email, but DON’T click on any links in the email Hover over the display name in the email if the entire email address is not visible. You’ll note quickly that this scam site looks exactly like an old version of PayPal’s website.. You may also want to contact the buyer directly through the email address associated with the PayPal account to help verify the account and buyer match.

What’s not to like about PayPal?. The scammer hijacked someone’s PayPal account to send the payment Once the account holder realizes that the account has been compromised, he will file a complaint with PayPal.. The scammer uses his own PayPal account to carry out the ploy To do that, he will need to order the item and to send money through PayPal.. If you agree, the money will be transferred to his PayPal account with the promise of your goods arriving on time.. So, where are the goods you ordered?. Of course, once you agree, your money will be gone for good.. This email will undoubtedly contain a link to a spoofed PayPal page.. Item shipped to the address specified in the Transaction Details page.. If you believe that one of the emails receive from PayPal is fake, report it to the platform by sending an email to spoof@paypal.co.uk .

While this is incredibly convenient, it also leads to unsuspecting people becoming victims of scams, and wherever we turn, there seems to be another one— cash app scams , online scams , Venmo scams , Facebook Marketplace scams and, now, Zelle scams.. Zelle only works with bank accounts and debit cards and is designed to move money between bank accounts, so in that sense, Zelle is similar to a cash transaction .. “Anyone with a bank account at one of the participating banks can register with and use Zelle,” Hamerstone says.. “Most of the time, Zelle scams involve social engineering a victim into transferring money to the criminal’s account.” The same is often true of scams involving Apple Pay and Google Pay .. This urgent request may come in an email, text message, direct message on a social media site or even a phone call.. In this scam, emails or text messages appear to be from a lottery company or a company offering a prize of some sort.. The email or message will ask the user to click on a link to claim their prize and enter their Zelle account to send the “lottery winnings.” Like the fake invoice scam, if the user clicks on the link, they will be taken to a website that looks like the lottery company’s website, and if the user enters their personal information, they will give the scammers access to their account.. “This happens when you shop online and pay using Zelle and never receive what you paid for,” Murphy says.. Because Zelle is intended to be used between people who know each other, and the money goes directly from one bank account to another, there is little to no protection at this time if you fall for a Zelle scam.. In short, if someone gets access to your account without you being involved in any way, that is considered fraud, and you will generally be able to get your money back,” Hamerstone says.. “But if you are the victim of a scam—where you are tricked into sending someone money, whether for a product or service that you never received or never even existed—then you are unlikely to get your money back.”. “That is why these services should never be used for commercial transactions but only to transfer small amounts of money to people you know.”. “If you’re unsure whether an email is legitimate, Google your bank’s phone number and call that instead of the number listed in the email,” Bischoff advises.. “ To avoid having your Zelle account and other accounts taken over by hackers, never provide your username, password or PIN in response to any email, text message or phone call unless you have absolutely confirmed that the request for this information is legitimate, which it never is,” Weisman says.. Monica Eaton-Cardone, COO of Chargebacks911 Brian Contos, Chief Security Officer of Phosphorus Cybersecurity Alex Hamerstone, Advisory Solutions Director at TrustedSec Adam Levin, host of the “ What the Hack with Adam Levin ” podcast Ted Rossman, senior industry analyst at Bankrate Joe Troyer, CEO and growth advisor of ReviewGrower FTC : “Reports of romance scams hit record highs in 2021” Daniel Chan, Chief Technology Officer of Marketplace Fairness FBI : “Spoofing and Phishing” Paul Bischoff, a privacy advocate at Comparitech Jim Murphy, Director of Fraud Management North America at D4t4 Steven J.J. Weisman , a lawyer and professor of white-collar crime at Bentley University Andy Rogers, senior assessor at Schellman

How to protect yourself Never transfer money to anyone you've never met in person.. See Reporting Scams for more information.. Never, ever give out your passwords, bank details or personal information to anyone.. If you think you have given your financial details to a scammer, contact your bank immediately.. How to protect yourself You can also protect your personal details by never revealing them to anyone, securely locking your letterbox at home, changing your passwords regularly, limiting the information you share on social media, and deleting suspicious texts or emails without opening them.. When you realise your identity has been stolen, contact the police and your financial institutions immediately, change all your account passwords and close any unauthorised accounts.. Last year Scamwatch received more than 71,000 reports of phishing, costing Australians $4.3 million.. And never, ever give out your passwords, bank details or personal information to anyone.

The scammer uses your SIM card to steal your information to log in to your accounts and either enter a verification code or reset the account password using the code or link sent to the phone.. An alternative to SIM swapping, some scammers are using so-called OTP bots to trick people into sharing the authentication codes that are sent to them via text or email, or that they have to look up in an authentication app or device.. Then, they may instruct you to send the money to yourself, but the money will actually go to their account.. The scammers may impersonate celebrities or popular cryptocurrency websites to lure victims into sending them money, sharing login information or "investing" in a project.. While romance scams aren't new, their popularity continues to rise.. Don't share personal information, usernames, passwords or one-time codes that others can use to access your accounts or steal your identity .. Be careful whenever a company or person asks you to refund or forward part of a payment.

PayPal Overpayment Scams PayPal Fake Email Scams PayPal Phishing Scams Hacked PayPal Scams Fake PayPal Accounts What Can You Do to Avoid PayPal Scams?. After a purchase is made and the payment has been placed in the seller’s PayPal account, the scammer asks the seller to ship their purchased item to an invalid delivery address.. PayPal’s Seller Protection doesn’t cover shipments made to addresses that aren’t on file, so the seller loses both the item they shipped and the payment funds.. Sometimes, a scammer may make a payment to a seller’s PayPal account that exceeds the cost of the item they are purchasing.. After the seller sends back the overpayment amount, the scammer sends a complaint to PayPal claiming that their account was compromised and that they never meant to send a payment to the seller in the first place.. PayPal reimburses the full original payment back to the scammer, and even if the seller hasn’t shipped out the purchased item yet, they’ve still lost the “overpaid” amount they sent back.. Scammers may send sellers forged emails that appear to be from PayPal, stating that the scammer paid money into the seller’s account and that PayPal has placed a hold on the funds and will not release them until the seller sends a shipment tracking number.. Once the item has been shipped, it’s too late—the scammer will get an item that they never paid for, and the seller will eventually realize that PayPal was never holding money for them.. The seller might receive an email that appears to be from PayPal indicating that funds have been transferred into their account pending confirmation, with a link or button for the seller to click that will make the money available to them.. If the seller enters their email and password into the fake site, the scammer will be able to use them to log in to the seller’s actual PayPal account, from which they can make payments or withdraw funds.. When a scammer has successfully hacked into somebody else’s PayPal account (often by using a phishing scam), they can make purchases and send payments with the money from the account they've taken over.. Sellers can avoid PayPal scams by watching for suspicious orders, taking advantage of the Seller Protection Program, and practicing good cybersecurity.. Sign up for PayPal’s Seller Protection Program and PayPal will reimburse you for certain types of fraud.

Romance – friend requests and direct messages that attempt to create a romantic interest with the goal to steal money from the victim Prizes or job offers – claims designed to obtain personal information or money from the victim Shopping – selling counterfeit goods under a faux brand account or selling nothing at all using fake accounts Quizzes and games – designed to ellicit personal information in the answers, then hacking accounts with it Friend requests – either from people you don’t know or people you’re already friends with (cloned accounts) Charity pleas – creating fake charities to get donations during times of disaster. Their account got hacked, and it is a fraudster using your friend’s account (or a cloned account mimicking your friend) to send malware links.. Here you will find all the real emails Facebook has recently sent you, both about security and login issues, as well as other topics.. Never send money to people you don’t trust.. Also, report the scam to Facebook.

Oftentimes, online dating scammers tend to stick to the same cookie-cutter methods when deceiving their victims.. The vast majority of online dating scammers use stolen photos and use them as their online dating profile photo; some may even go as far as stealing multiple photos from an individual’s profile, so that they have a photo to share for different occasions.. Click here to find out… Online dating scammers are normally located outside of the victim’s country, meaning they may not have the proper grammar that is possessed by natives of said country.. We usually recommend in some of our guides to request a video chat to people who may suspect they are talking to an online dating scammer; and with reason.. Anonymity and security is something all online dating scammers love to have, and this is something they cannot get on most online dating websites.. We find that it is extremely common for online dating scammers to quickly fall in love with their victims.. A large weak point that is very typical of online dating scammers is their social media.. Most online dating scammers like to use stolen photos taken from other social media accounts; and may even use a stock photo.. Anonymity is something almost all online dating scammers want, which means in almost every circumstance, they avoid video chats at all cost.. Online dating scammers are not located within the same country as the victim in most cases, which means that they will likely have an accent.. Not only could this possibly expose the scammer as not being a local, it would also give the victim a chance to ask hard questions, which means the script that the scammer uses may not be nearly as effective.. Online dating scammers may not directly ask for money from you, but instead ask for personal information and take it themselves; and may even steal your identity.. Most of the scripts that are used by online dating scammers include certain keywords to use when they are grooming their victims.. Never do anything online that you may regret in the future, as some online dating scammers will use this to extort you.

Criminals are using the banking payment service Zelle to steal money from unsuspecting victims.. More than 100 million Americans with Zelle connected to their bank accounts will be vulnerable until banks offer more fraud protections.. Politicians and government agencies are asking for new regulations that will push banks to better compensate customers who've been defrauded by Zelle scams.. The banking payment service Zelle acts as a quick and easy way to send money or pay for purchases from private sellers, but its transactions are instant and irreversible -- making it an attractive target for scammers and thieves.. Because Zelle transactions require authorization from the account holder, victims of Zelle scams have had troubles receiving compensation from banks for their fraudulent losses.. According to the Wall Street Journal , the Consumer Finance Protection Bureau is expected to change its regulatory guidance on Zelle, requiring banks to pay back victims of fraud, even if the transactions were "authorized.". Read on to learn how Zelle works, how criminals are using it to scam consumers, how to protect yourself from Zelle scams and what to do if you fall prey to Zelle fraud.. Launched in June 2017, Zelle is a peer-to-peer, or P2P, payment service owned by Early Warning Services -- a consortium of major US banks, including Bank of America, Chase, Capital One and Wells Fargo.. Created to compete with other electronic payment services like PayPal, Venmo and Cash App, Zelle lets banks handle casual electronic transfers without paying any fees to third parties.. Customers whose banks don't support Zelle can connect a debit card with the Zelle app.. When the user replies that they didn't authorize the transfer, the scammer follows up with a phone call pretending to represent the bank and spoofing the financial institution's phone number.. Also be warned of requests from any banks, businesses or utilities for new Zelle payments, especially if you've never paid them via Zelle before.. If you make a payment with Zelle, you may not be able to recover the money if you were scammed by mistakenly authorizing the payment .. According to manylocalreports , banks have been reluctant to reimburse losses from Zelle phishing scams, since the transactions were actually approved by the account holders.

APP fraud – where fraudsters trick you into forwarding money from your account to theirs – cost consumers more than £207 million in the first half of 2020, according to UK Finance, the trade body representing financial firms.. Gus Tomlinson at GBG explains: “Imagine a fraudster hacks your information and then, when you go to make a significant payment for a deposit, say, you are phoned or emailed by the fraudster who gets you, as a willing victim, to voluntarily transfer the money – but to the wrong destination account.. For example, a fraudster could get into your current account using stolen credentials and use it to make transfers to other accounts.. They may also change your account details to lock you out or cover their tracks, while some criminals will sell access to your account on to other fraudsters.. Payment fraud solutions company Sift calls account takeover the ‘fraudster’s weapon of choice’ and says attempts rose 282% between 2019 and 2020.. Using biometric security such as Touch ID on Apple’s iPhones or the equivalent fingerprint locks on Android devices can make things more difficult for fraudsters and provide you with a layer of defence against account takeover fraud.. Like account takeover fraud, criminals will use stolen credentials to open new accounts in your name.. For example, a fraudster could get hold of your personal information on the dark web before using it to bypass identity verification checks and open a new loan account.

Upon clicking the link, you’ll be redirected to a dummy courier website where you’ll have to key in personal and credit card details in order to access your “delivery” updates.. Image credit: Antivirus.com. Phone numbers – typically starting with +65 – have been impersonating MOH and calling their victims about “vaccination issues”.. Tip: Avoid picking up calls from a number with +65 prefix, as that these are actually calls coming from other countries.. We’re always on high alert when receiving notifications relating to our bank account, because well , it’s to do with our hard-earned money.. The message was sent on 26th December 2021 but required immediate action on the same day.. Left image depicts the fake website while right image is the actual websiteImage credit: Oh Qian Yi. This promises a refund of around $1,000, but requires the user’s personal information, credit card or bank account details.. Tip: Avoid situations where your money has to be spent first in order to receive payment, especially when there is no written guarantee for you to get your money back.

14/09/2021 Top Facebook Marketplace Scams and How to Avoid Them 02/06/2022 Car deposit scams buyers who pay a car deposit for a fraudulent listing.. Keep Mobile Devices and Computers Up to Date The first thing you should do to bolster your chances of not being a victim of online scams is to ensure that your devices software, whether it be mobile apps, web browsers, security software, and operating systems are upgraded properly.. Romance Scams or Google Hangout Scams: scammers post fake dating profiles on dating sites or apps and try to lure people to connect via Google Hangout (to make whereabouts less traceable), concoct elaborate scenarios of need and convince victims to send money to help them.. 10/05/2022 When we think of government imposter scams, the first thing that comes to mind is the IRS tax scam.. 19/07/2022 Tips to avoid online scams.. 09/02/2022 How to Avoid Scams 1) Dont click on links you receive in a text or email.. 07/02/2022 Try to research regularly and keep up-to-date on common scams and the latest scams around, remain vigilant at all times, even if you are feeling stressed.. Phishing Scams.. Phishing scams are one of the most widespread cyber scams today.. To avoid phishing scams, be extra careful when you get messages from unknown people or deal with suspicious links.

Request for Information .. PayPal only sends emails from addresses that end in “@paypal.com.” They Don’t Know Who You Are .. I clicked on the link and input my email address, password, and account information.. The money looks good, but in order to get your “training materials,” you must send the company money via PayPal or with a personal check.. Another one of the more common email scams is the Nigerian check scam.. One of the best ways to avoid email scams is to delete unsolicited emails.. Any person who sends you an email asking for sensitive information, such as your bank account number or Social Security number, is up to no good.. Whenever you receive an unsolicited email asking you to “click here,” beware – even if it sounds like a legitimate company.

Crooks may try to defraud someone of money by reporting a delivery failure to PayPal.. The ill-disposed person chooses to send the funds via PayPal rather than opt for credit card payment or COD (cash on delivery).. Having received notices from the shipping company about the unsuccessful delivery events, the culprit will replace the bogus delivery address with a real one.. Once the ne’er-do-well has it, he will contact PayPal and say he hasn’t received the goods he paid for.. In case you didn’t know, F&F stands for “Friends and Family.” It’s an option within the PayPal network allowing relatives or friends to send and receive money with lower fees than in a regular payment scenario.. The criminals’ next move is to contact PayPal with a refund request based on a complaint that they never received the order.. Claiming that it’s supposed to be a birthday or anniversary surprise gift for a close friend, the crook will tell you to send it to a location that doesn’t match the address indicated in his PayPal account.. Here’s the lowdown: you as a seller receive a regular payment notification email from PayPal, which means someone has sent money to buy a product from you.. In this scenario, the dishonest person will follow the standard procedure to purchase your goods with PayPal.. However, when he receives the item, he will get in touch with PayPal and start grumbling a lot about the order.. Ignore spam emails and don’t click dubious links Don’t fall for offers that look too good to be true Never agree to ship your goods to an unverified address Monitor your PayPal account for suspicious activity Set up Two-Factor authentication Familiarize yourself with the platform’s seller and buyer protection policies and stay tuned for changes in them Use reliable security software, preferably with an anti-phishing feature Be sure to use signature confirmation of delivery where appropriate Don’t disclose your PayPal credentials to anyone If an incoming email looks like it’s from PayPal, scrutinize the sender’s email address to make sure it doesn’t come from an impostor

Of course, PayPal offers security services when it comes to the account but do not underestimate the skills of scammers.. You would not believe how many times the money was stolen from PayPal users who were asked by scammers to provide the login details voluntarily.. Here is the list of fifteen most common PayPal scams that you need to learn to avoid to keep your account and your funds safe.. Fake email messages sent to PayPal users are very common and usually describe that you have received a payment, sent a payment, or that you need to confirm some information or update the account.. Recognizing fake emails is reasonably easy: they can contain attachments (genuine PayPal messages never have attachments), great you without you name (PayPal knows your name and always uses it), and are sent from a wrong address such as service@paypall.com, service@paypal.net (only service@paypal.com is the real address).. In some cases, the scammers send offers claiming that you won a huge amount of money and ask for advance payments to receive them.. The users receive emails from scammers saying that they could benefit from great investment deals, which will pay big bucks in a short term.. As horrible as it sounds, many PayPal scammers use the platform to make money during natural disasters or terrorist attacks to convince you to transfer money to the victims.. PayPal users often receive emails that contain promotional information about job opportunities, dating websites, and other platforms that allegedly have great deals for you.. PayPal users are asked to help with the order that cannot be received because the delivery company is not able to ship it to the address.. If you receive an offer that offers you a lucrative deal and lots of money in both short- and long-term period, it is highly likely that this offer is a scam.. Payment via PayPal only scam

If you give one to three stars, you’ll be given the option to add negative reviews, such as “Item not as described,” “Impolite,” “Problem with meeting location,” “Late,” Uncommunicative” or “Other.” Choosing four to five stars will prompt you to add positive reviews, including “Reliable,” “On time,” “Friendly” and “Communicative.” The compliment a person has been given most is listed first and any others will follow in decreasing order.. Shipping costs are processed through the OfferUp app, so don’t fall prey to another common OfferUp scam in which sellers insist that an item has additional shipping costs.. Some scammers set up bogus sites that look just like OfferUp and will email links to the fake site, which will be loaded with fake ads.. The official OfferUp site offers purchase protection for purchases made and shipped through the app.. Offerup notes that sellers might request gift cards; a certified check; payment via Venmo , PayPal or Cash App ; or a wire payment via Western Union or MoneyGram.. Buyers can file a claim for any shipped purchase, but OfferUp encourages users to first request a refund before filing a claim.. OfferUp notes that once you’ve made your report, you should ask the investigating officer to contact OfferUp and provide a case number or event ID so the company can work with the officer.

PayPal is one of the easiest payment methods online and millions of people use it everyday.. While it is relatively safe to use and precautions you take for pretty much any online payment, scammers and hackers are always coming up with new tricks to gain access to users' accounts and siphon off money digitally.. Kaspersky has pointed out some of the most popular ways scammers try to cheat people on PayPal and being aware of these dubious methods will help you avoid them.. It's not unusual for online scammers to take the advance payment fraud route to trap PayPal users.. And to get this money, the victim is asked to make a small advance payment (in this case, using PayPal).. Among the most common scams of this type are overpayment scams, in which a buyer sends a seller money and it is usually more than the sale price.. Sometimes fraudsters pretend to be buyers and ask a seller to send goods using the buyer's favorite delivery service, which supposedly offers them a discount.. Alternatively, the delivery company turns out to be a front that allows dishonest buyers to get their money back using chances like goods sent in good faith.. There is also address substitution where the buyer provides a fake address, and after several unsuccessful delivery attempts the company asks them where their purchase should be delivered.. PayPal has a money transfer option with reduced rates for family and friends and sometimes scammers can request a money transfer that way so as to save on commissions, and they promise a discount in return.. As per PayPal rules, this method is not supposed to be used to pay for goods, and no customer protection program applies to such transfers.. Anyone who sends a “friends and family” payment to a scammer can kiss the money — and the goods — goodbye.. Scams of this type also include offers to transfer money using alternative means that are supposedly more convenient, or cheaper, or for any other reason considered better by the seller.. PayPal has very good protection programs for both sellers and buyers, but they work only for standard transfers made over the platform.. There are people who send out fake solicitations for charitable donations as well and it is not uncommon for such people to accept “donations” or “contributions” through PayPal.

Since its start eighteen years ago, PayPal has become one of the de-facto ways to send money online.. One scam involves someone agreeing to send you money for an item.. Usually, PayPal will send you an email to notify you when you receive money.. This trick, however, involves the scammer sending a fake email to you impersonating PayPal, saying that the money has been sent.. Because you wired some of the stolen money back out of your account, the scammer gets to keep the product and the extra money, leaving you with nothing.. If you notice someone has overpaid, you should be able to refund them through PayPal before you send the item.. If you send to ab address different than the one on PayPal’s transaction details, it’s out of PayPal’s domain.. You could send money the normal way, but that incurs PayPal fees they’d rather not have you pay.. Instead, they give you their email and ask you to send the money via PayPal Friends And Family, which is free of fees.. It’s also against PayPal’s user agreement for a seller to ask for a Friends And Family payment for a business transaction, so report it if you can.

Here’s what to watch out for when buying or selling stuff on the online marketplace and how to tell if you’re being scammed. And because people can view sellers’ profiles, they feel more assured of safety and security on the site.. In one example , the scammer agrees to buy an item.. Now they are able to create an account using the seller’s phone number, which can be used in other scams.. Sellers can also get scammed by fraudsters on Facebook Marketplace.. But of course, there was no original payment, and now you’re down the refund amount.. A classic trick is to sell an item and collect the money but then never deliver it to the buyer.. This obviously only applies to items sent from outside the buyer’s local area.. One way to get that additional information is to spam out giveaway offers via Facebook Marketplace.. When you want to grab the “bargain”, that product is “gone” and you will be offered a similar item for a much steeper price or an inferior alternative.. Check buyer/seller profiles for user ratings, and stay alert if profiles have been created only recently.. Only use trusted payment methods via Facebook Messenger (PayPal, Facebook Checkout) as they offer a way to dispute a payment.. As the cost-of-living crisis bites, more users than ever will be turning to online platforms like Facebook Marketplace to get hold of goods at discounted rates.

The big picture: The Internet, email, and text messaging have given new life to age-old charity scams.. Find the sites yourself instead of clicking on links in email solicitations; in the wake of the Haiti earthquake, scammers even set up fake Red Cross sites that looked real.. But the love of your life lives in a foreign country and needs money to get away from a cruel father or to get medical care or to buy a plane ticket so you can finally be together.. The big picture: Online social networking has opened up bold new avenues for heartless scammers who specialize in luring lonely people into bogus friendships and love affairs, only to steal their money.. Finally my 12-year-old daughter said, ‘Stop sending him money; he’s never coming.’” After reading about these types of online scams, Dawson searched for the fake name and figured out that Peters’s photo was a stock image of a male model repurposed from the Web.. But if someone you know only from the Web asks for money, sign off quickly and follow these other tips for keeping yourself safe from online dating scams .. Since Amazon pays its sellers every two weeks, the scammers will receive payment long before you discover that it was a scam.. Avoidance maneuver: Watch out for new sellers (also known as “just launched” sellers), and take a careful look at the seller’s reviews before you buy from him or her.

But there’s a new type of scam going around – one in which you are neither the victim nor the perpetrator, and which gives you a non-zero chance of having random free stuff turn up on your doorstep.. This means that sellers on Amazon are shipping items to you so that they can create fake reviews using your details.. You’ll see dozens of listings offering to write reviews for Amazon products.. Some of these are individuals who will use their own online accounts, but more are small companies with access to thousands of Amazon accounts.. It’s possible for an Amazon seller to purchase reviews by the dozen or hundred for around $5 each.. Worse, Amazon is getting wise to the deception and may check whether the product has actually been purchased before allowing the review on their site.. Sellers will create dozens or hundreds of phoney accounts with real names and addresses.. The first thing you should do is notify Amazon that someone has set up a fake account in your name and is using it to garner positive online reviews.. That site gets its information from White Pages .. Brushing scams are what Amazon sellers use to generate fake reviews for their products using your personal details.. If it has your name and address on it, the amazon Package is yours to keep.. Amazon encourages customers to report unsolicited packages, so I think it unlikely that they will take action against you for doing exactly that!

Whatever the case, I think they are simply trying to protect people’s funds with them and to make sure the system is as most trustworthy as possible.. In my 10+ years of being online as a digital businessman and using Paypal for most of my online transactions (though from a very difficult environment), I have come across two Paypal scam business.. So, I’m happy to be sharing this here with Lisa’s blogging and social media community.. This fake businesses are going to ask for your valid Paypal account email.. The Paypal Money Adder is a piece of software (Web based on desktop) developed with the main intentions to:. Get your account email Make money by selling the app Try to access your account and do away with your funds. Victims of Paypal Money Adders are always bloggers and people who want to make money online but don’t want to invest and establish a sustainable business.. The second step after the scammers have had your Paypal email address.. Here are Few Tips to Help You Identify Paypal Phishing Emails: Check the Reply-to email: Note that the From email address is often a valid Paypal email.. What they do is carefully placed a disguised email address in the Reply-to field.. This is where your replies (which is generally sensitive data) sent to.. If the Reply-to email is not attached to a valid Paypal domain name, don’t even reply.. Once you click the link from the email, you will be taken to a fake Paypal website.. Now, you should never submit your Paypal login data to any website whose domain name is not the official Paypal domain.. Hence, as the scammers won’t be able to provide any solid proof of business with you, your money will be refunded.

Between then and now, CyberNews exposed the leak of U.S. online dating data, which put “ millions of women at risk.” And now they’re back with another PayPal issue, one that users need to be aware of, to ensure they don’t fall victim.. With the Facebook account hacked, an attacker uses Messenger to contact a number of friends, telling each of them that they are owed money but cannot access their own PayPal account to receive it.. The money has been sent by the attacker, either from an account or card setup with fraudulent details or through a hacked PayPal account.. With the money received, the victim sends that same amount to their “friend,” using the bank account details provided.. The owner of the PayPal account which makes the payment—the only victim who loses out financially is the second victim.

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