Mums Finance

Back in one of my earlier posts I warned about the hazards of fraudulent emails. Most commonly seemingly from Paypal. I get oodles of them and one thing I must stress is that you DO NOT reply to them at all, no matter how convincing they seem. Once you sign up for a PayPal account you will start to receive them. Please remember that PayPal do NOT contact their account holders and ask that they ‘verify details’. They also never threaten to ’suspend your account’.

Here is a sample of a recent fraudulent email asking for me to provide my personal data by clicking on one of their links:

“Dear PayPal Member ,

It has come to our attention that your PayPal® account information needs to be  updated as part of our continuing commitment to protect your account and to  reduce the instance of fraud on our website. If you could please take 5-10 minutes out of your online experience and update your personal records you will not run into any future problems with the online service.

However, failure to update your records will result in account suspension.  Please update your records before December 30, 2007.

Once you have updated your account records, your PayPal® account activity will not be interrupted and will continue as normal.

Click here to update your PayPal account information”

Okay. Now, if you ‘click here’ they will simply record your details and password…next thing you know is that your account has been cleared.

Don’t fall for it. PayPal never contact you and ask you to log in from a link. ALWAYS type in the URL and login that way…NEVER from a link in an email.

Be aware and fight the fraudsters. Delete those emails and never, ever, reply.

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