Just recently, my brother in law had $5,000 stolen from his bank account by a phishing scam artist. Since he wasn't the most Internet savvy person I know, I wasn't all too surprised when this happened. However, even experienced online users are falling prey to these scammers. This includes veteran Internet marketers.
One of the biggest problems any online marketer must face is the horde of PayPal phishing scam artists lurking in the shadows. To avoid being scammed, some marketers have decided not to use PayPal entirely, which is basically cutting off your nose to spite your face. To avoid becoming a victim, you simply need to know how these scammers operate.
The first thing you need to know is the common types of emails the phishers are sending.
Their favorite scam is to send an email urgently requesting that you update your account information. There is then a link inside the body of the email encouraging you to click it and update your information. A twist on this email is one stating there was some illegal activity in your account. As always, you will be asked to click on a url that looks as if it leads to PayPal.
Some other common fraud emails you may receive could state your PayPal password has been changed or you have received a payment and you need to sign-in to collect it
The point of these emails, no matter what form they are in, is to get you to give up your login information. The url in the body will always look like it leads to PayPal, but once you click the link, you will notice the url is entirely different and not related to PayPal at all. This is a huge red flag that the email isn't legit.
Remember, these scam artists just mass mail out to as many email addresses as they possibly can. So another easy way to know if the email is in fact a scam, is if the address the email has been sent to is not even registered with your PayPal account.
Of course the best way to handle these emails is to never click on the link. If you are afraid there is an issue with our account, simply log into it through PayPal to see if you have any urgent notices. If you are still unsure, you can always send a support email to PayPal, just to be on the safe side.
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