August 10, 2006

  • Ever received one of these? Well I have, and more than once too. How do I know this is a scam? Well,  I am not and never been a Paypal account holder. Phishing schemes never let up and you should not fall prey to these vultures who are invading your mailboxes.


    Dear valued PayPal
    member
    :

    Identity protection matters. And PayPal
    works day and night to help keep your identity safe. That’s why it has come to
    our attention that your
    PayPal
    account information needs to be updated as part of our continuing commitment to
    protect your account and to reduce the instance of fraud on our website. If you
    could take 5-10 minutes out of your online experience and update your personal
    records you will not run into any future problems with the online service.

     However, failure to update your
    records will result in account suspension. 

    Once you have updated your account
    records, your
    PayPal
    session will not be interrupted and will continue as normal.

    To login to your PayPal
    account and update your records click on the following link:
     
    https://www.paypal.com/cgi-bin/webscr?cmd=_login-run
     
    Thank You for using PayPal!
     The
    PayPal
    Team



    Accounts Management will periodically
    send you information about site changes and enhancements, as outlined in our
    User Agreement.

    Please do not reply to this email. This
    mailbox is not monitored and you will not receive a response. For assistance,
    log in to your PayPal account and click the Help link located in the top right
    corner of any PayPal page.

    PayPal Limited is authorised and
    regulated by the Financial Services Authority in the United States as an electronic money
    institution.

    PayPal Email ID PP359

    Accounts Management will periodically
    send you information about site changes and enhancements, as outlined in our
    User Agreement.

    This and  similar cons like the Nigerian 419 fraud and eBay ones are a real pain. More recently, we’ve had fake emails disguised as Maybank advice to ” verify your account.”  Well, that’s the power of the internet for you.

    Here’s information excerpted from Paypal’s site:

    PayPal will never ask you to enter your password or
    financial information in an email or send such information in an email.
    You should only share information about your account once you have
    logged in to https://www.paypal.com/ directly from your browser.

     Remember: A legitimate vendor will never ask you to enter your password or financial information in an email.

     

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