Customers are Hit by Bogus Refund Email Imitating PayPal

False PayPal notifications regarding a bogus refund email are hitting inboxes across the world, warned by security experts, published by HELP NET SECURITY dated September 18, 2012.

Titled as "We do apologize for this error which was due to the errors from our system," the mails also constitute a genuine PayPal logo and a VeriSign Identity Protection emblem.

"Our record demonstrates that you have a reimbursement pending because of delayed payment charges incorrectly applied to your account by us. We seriously apologize for these mistakes which are due to the faults on our system," the fake email says.

"This operation cannot be accomplished till you register on to confirm your account information. Kindly note, it might take up to three working days to credit the refund amount.

As the majority of emails are written decently, the cyber criminals who begin the campaign commit a big error which shows that it is not a genuine email.

Off course, a genuine email would not write "erros" instead of "errors".

Hence, the email is not sent by PayPal. Actually, it is an effort by criminals who remain online to con you into controlling your personal and financial whereabouts. You dear reader, are probably are wise enough to get trapped by such trick. But, if you did connect to the link, you would be forwarded to a fake website manufactured to look same as authentic PayPal site. Once there, you will be required to login by submitting your PayPal address and Password. Also you will be taken to another fake page and asked to submit ID and contact information along with credit card details.

Or, after clicking the "submit" button on the false web-form, all of your personal and financial details will be hacked by the scammers operating this fraudulent attack. Before you realize that you had been cheated, the scammers would have logged into your actual PayPal account, utilized it to carry out various fake transaction and operate a heavy credit card bill in your name.

Related article: Customer’s Data Leaked Out of a UK Loan Website

» SPAMfighter News - 9/25/2012