At the time of pay online, few platforms are so reliable as PayPal. Founded in 1998, PayPal is today considered one of the safest online payment systems out there and is endorsed by the more than 430 million activated accounts that were counted at the end of 2022. Although the platform incorporates multi-step encryption and verification protocols, scammers keep finding new ways to take money from innocent people.


According to Cyber ​​Magazinethese are some of the most frequent scams of 2023:

“Problem with your account” scam

The emails They are one of the favorite ways for scammers to keep your money. In this case, the victim receives an email stating that there is a problem with your PayPal account. The email includes a link to supposedly log into your account, but by the time you enter your information you will have already given the scammer access to your account. This is one of the most common scams on PayPal.

“Promotional offer” or “you have money waiting” scam

In the same way as in the previous scam, the scammer sends a fake email to victimonly this time offering him a refund or any other type of monetary reward. By entering your account details, you have already fallen into the scammer's network.


“Advance payment” scam

In this they take advantage of the emotion of the victim. She receives an email assuring that she has won or inherited a large sum of money. However, before receiving it they tell you that you must make a small payment via PayPal to cover transaction costs, a commission or any other invented expense. Once the money is sent, the victim never receives another response.

“Shipping address” scam

Unlike emails that take you to a fake PayPal, this method is based on interact with the victim on the real platform. All you have to do is sell something online to become a target for scammers. This scam can be done in different ways, but they all stem from the same thing: tamper with shipments to claim that the product has not been received, when it has not been like that.

“Alternative Payment Method” Scam

This is not a scam per se, but it is a measure that scammers have so that you can't do anything after scamming you. Sometimes, the cybercriminal will ask you for a money transfer using PayPal's “Friends and Family” option, which eliminates the standard sales rate, but also all protection against fraud. Once you send the money, you won't be able to get it back, even though it's clearly a scam.

“Pending Payment” Scam

The scammer will contact you for a object you sell on PayPal. They will tell you that they have made the payment, but that the platform will not send the money until you give them a shipping tracking number. The scammer wants you to send the product and provide the tracking number before receiving the money. If you do, The buyer will receive the product and will never send you the money.


“Fake Charities” Scam

Scammers take advantage of the good will from the people. For example in situations of destruction due to natural disasters Many people look for local charities to donate some money to help disaster victims. So, scammers create Fake charities or donation pages asking for money for the causewhich they keep.

“Callback Phishing Email” Scam

This scam is of the most credible. The victim receives an email warning “suspicious activity” on PayPal account, usually citing large transactions. The email will give you a phone number to call to cancel the transaction.

If you call, they will connect you with a fake call center in which they will ask you for your PayPal account login information and other personal information. Scammers often use @paypal addresses, realistic email designs and even fake invoices.

You May Also Like

More From Author

+ There are no comments

Add yours