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Have you ever fallen into the trap of an email scam? Many have become a victim of this. Paypal is an online card service provider whose main agenda is to provide quick, excellent and reliable payment transactions and they are also one of the subjects of common Paypal email scams.

This service provider enables you to create awareness about the symptoms of a potential fraudulent Email. This is realized through the information they provide to their clients. For instance, they advise that whenever you receive a mail that you suspect to be fraudulent you have to send the URL to Paypal immediately. Paypal will be able to respond to you about the status of the Email. You are hereby advised not to click on any hyperlinks that appear to be suspicious. This could lead to tempting information that may end up to exposure of your credit card information. On receipt of such an email, try as much as possible to ignore it because the scammers are up to capturing your pass word.

Phishing is the most common trap that is laid for those who have email accounts with Paypal. This influences one to expose confidential information. The fraudster may convince you that some updates are needed for your account and then provide a link which will take you to a website which is not the real Paypal site. The site is hosted by a fraudster at their website and it is from here that he/she will capture your confidential information.

Here’s a sample of Paypal email scam:

Update Your Information

It has come to our attention that your PayPal Account access is limited.
To remove the limitations we require you to update your billing information as soon as possible.
This billing update is also a new PayPal security statement which goes according to the established norms on our terms of service (TOS) to reduce the instance of fraud on our website.

Please update your records on or before Dec 10 2008. A failure to update your records may result on a suspension of your account.

To update your PayPal records click on the following link:

http://www.paypal.com/us/

This new security statement will helps us continue to offer PayPal as a secure and cost-effective payment service. We appreciate your cooperation and assistance.

Sincerely,
The PayPal Team

PayPal Email ID PP295

Your personal information is essential to yourself and for the intended purpose. You are advised to secure this information by Paypal. This will shun the scammers from getting to you. You are hereby supposed to make private your First Name, Last Name, business name, password, email address, Financial information ( account number, credit card number, pin number, driving licenses among others. The scammers will capture these details by requesting you to submit them. This is why Paypal is dedicated to fighting these kinds of frauds.

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