Have you just confirmed an email claiming to be from a PayPal Bitcoin Order Confirmation? Be cautious! Scammers are onto something sinister this day.
Spoiler alert: Fake authorized PayPal Bitcoin Order Confirmation payment of $725.84 to Binance Corp
Falling victim to this scam can have a significant impact, but there are steps you can take to protect yourself. Learn how to report and take action against these scammers.
PayPal Bitcoin Scam Email – How Does It Work?
First of, the “PayPal Bitcoin Order Confirmation” either come in an email or text message. Here, the scammers claim you have authorized a payment of $725.84 to Binance Corp, a cryptocurrency exchange company.
The email contains an invoice number and details about the purchase, including the quantity of Bitcoins purchased. Then, you are urged to contact PayPal customer support if they have any questions or concerns.
However, the email provides a fake customer service telephone number that directs the recipient to the scammers rather than to PayPal. If the recipient contacts the fake customer service number, the scammers will attempt to trick them into disclosing their personal and financial information, which they will then use fraudulently
If you find yourself receiving this email or text messages from someone you don’t know, it’s important to be cautious. So beware!
PayPal Bitcoin Invoice Scam Email – What To Do
If you have received this PayPal Bitcoin Scam Email, we need you to be cautious and do the following to avoid being a victim.
First thing first, do not open any attachments or click on any links in the email. The attachment or link is likely to contain malware.
Secondly, don’t provide any personal information. Scammers may ask for personal information, such as your address or credit card information, in order to steal your identity.
Also, report the email as spam. This will help to prevent other people from falling victim to the scam.
In addition, if you have already provided personal information, contact your bank and credit card companies, and monitor your account for any suspicious activity.
Lastly, if you suspect that you have encountered the PayPal Bitcoin Scam Email or any other online scam, report it to the relevant authorities immediately.