AllFinancialMatters

A personal finance blog dedicated discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.

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Thursday, July 28, 2005

Watch Out for PayPal Scams

I know this is nothing new but I still wanted to let those of you who may not be aware of the PayPal scams. Today I received the following email:

____________________________________________________


You have added electronics4free@paypal.com as a new email address for your
PayPal account.

If you did not authorize this change or if you need assistance with
your account, please copy and paste this link into your webbrowser

https://www.paypal.com/us/cgi-bin/add?f=app_email



Thank you for using PayPal!
The PayPal Team


Please do not reply to this e-mail. Mail sent to this address cannot be
answered. For assistance, log in to your PayPal account and choose the
"Help" link in the header of any page.

----------------------------------------------------------------
PROTECT YOUR PASSWORD

NEVER give your password to anyone and ONLY log in at
https://www.paypal.com/ . Protect yourself against fraudulent websites
by opening a new web browser (e.g. Internet Explorer or Netscape) and typing
in the PayPal URL every time you log in to your account.

----------------------------------------------------------------


PayPal Email ID PP007


____________________________________________________


It looks like an authentic email. It's NOT! One thing you have to look out for is the links that they put in the email. Although they look legit, if you hover your pointer over them, you will see the real address pop up. DON'T CLICK ON THE LINKS!

If you ever get an email that is supposedly from PayPal, go directly to the PayPal website through eBay. If PayPal has a message that is important, they will have it on their website.

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