Scammers are pretending to be PayPal customer support representatives in a new scam that has been making the rounds through texts and emails.
We’ll examine these emails and texts in this post and advise you on what to do if you encounter one.
PayPal Scam Email
PayPal is a global fintech business that runs an online payments platform in most nations that allows online money transfers. Online money transfers via PayPal are thought to be among the safest methods available.
Its headquarters are located in San Jose, California, in the United States, and it was established in 1998. Alex Chriss is PayPal’s current CEO.
Emails titled “PayPal Bitcoin Order Confirmation” purporting to be from PayPal customer support have been going around lately. The email further says that the recipient’s order for Bitcoins has been completed and that the details are included.
“PayPal Bitcoin Order Confirmation” examples include:
Overall, the email states that the order for bitcoins purchased by the recipients has been processed, here is the Invoice and transaction ID. If recipients have any problem with this order, they can contact the mentioned customer service phone number within 24 hours.
Read: Cash App Scams
PayPal Bitcoin Order Scam Email Review
The email and text message scams are being carried out on an enormous scale by con artists. Scammers’ primary goal is to obtain PayPal users’ login credentials by tricking them into falling for a phony customer assistance agent.
If you call the number provided by PayPal to contact customer support, you will be connected to scammers who will pretend to be PayPal customer support representatives. The transaction, invoice ID, and phone number provided by PayPal are all completely fake.
The email’s 24-hour condition is only included to instill a sense of urgency in recipients so they will take unnecessary measures.
To resolve the issue, the scammers will ask for your PayPal login credentials when you contact the customer service number listed in the email. At this point, you should realize that this is all a scam because the actual PayPal customer service will never ask for your login information.
Therefore, to protect your sensitive information, you should immediately disregard and delete any such emails you receive.
Read: ITP Corp Latest News