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NEWSLETTER ARCHIVES:

PAY PAL SCAM

copied from The Stinkage Factor -- A newsletter that no longer exists.

EDITORIAL: "PayPal email scam. Beware!"

I received a troubling email from PayPal this morning and feel compelled to warn you about its contents.

Actually, it wasn't from Paypal, but it sure looked like it was.

Turns out there are some undesirables out there posing as PayPal and asking for just about every piece of personal information you can imagine. Here is a small sample of the information requested on the form:
Social Security Number
Driver's License Number
Date of Birth
Mother's Maiden Name
Credit Card Number
ATM PIN Number
Bank Account Number

The tricky part is that the email itself looks fairly harmless with just one benign paragraph stating that PayPal is performing regular maintenance on their security measures. So I complied with the instructions and clicked.

Once inside, the pages mimic PayPal's design perfectly. I got skeptical as soon as I saw the information that was being requested. I then looked at the URL in my browser and noticed there was no paypal.com in the address, only an IP address.

At this point, I brought up PayPal's website and called customer support to report the email and see what was up.

I got a less-than-helpful Cynthia as my support representative. I asked her about the email. In her best monotone voice, Cynthia stated "That email is not from us, but we are aware of it. Our security team is investigating it".

I asked if PayPal was going to notify their customers so they don't fall prey to the fraud?

Cynthia stated there was something on the website that informed PayPal members about this issue.

I asked Cynthia to email that to me since I had already been looking on the website and couldn't find any news about the email scam.

She emailed me alink which had the following small paragraph (buried two levels down in the navigation) referencing this issue.

"If you receive an email and are unsure whether it is from PayPal, come directly to the PayPal site at www.paypal.com. Don't click on any link in an email which seems suspicious to you. These security measures will help ensure that you are logging into PayPal. The only site you should ever type your username and password into is at www.paypal.com."

I was thinking to myself, that's it?! Someone is doing an excellent job of duping your customers and all you have to say is basically 'We warned you'.

I probed and prodded for more information but Cynthia was unconcerned and silently waited for me to give up and hang up. So I did.

If I were PayPal, I would be all over this scam with a news blast on the home page of PayPal and a personal email warning from the president of the company to each PayPal member. I would also show samples of the bogus email and website.

Since PayPal isn't doing that, I will. I've put together a basic page which shows screengrabs of the email and website pages in question. Pass the page on to friends and associates so they will be prepared if they too receive the bogus email.

If you are a PayPal member, email support and ask them why they haven't addressed the issue publicly. Better still, call them. Here is the number.   PayPal Customer Support - 402-935-2050

Written by
Ralph Hilliard Stinkage Factor Editor


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