Are you aware of the PAYPAL Bitcoin Invoice Scam? If you do not know about this scam, kindly read this to know what to do if you receive fake emails.
Are you using PayPal for regular transactions? If yes, then you need to be more attentive. A phishing scam is hacking many users’ accounts in the United States. Many people reported about the PAYPAL Bitcoin Invoice Scam. We will share in-depth details on this phishing scam. Moreover, we will inform you what you can do if you receive such emails from hackers. So, kindly stay tuned with us till the end.
Phishing Scam On PayPal
Many people recently reported that they received an email from PayPal.com stating that the recipients need to do the required transaction. They share a fake invoice on which “Updates Invoice” is written, and the balance is mentioned below the invoice. We must tell you that it is a scam, and people receiving such emails should not click on the links mentioned in the email.
Invoice From Bitcoin Exchange
Did you receive any message that says the recipients are charged hundreds of amounts for purchasing bitcoin? If you have received such an email, you should ignore it or report it as it could be phony. They sometimes mention that $499 has been charged, and if the recipient wants a refund, they can call on this number. So, all these billing invoices for Bitcoin are a scam, and one should avoid clicking on such links mentioned in emails. Once you click on such links, it will deduct money from your account and transfer it to the scammer’s account.
PAYPAL Bitcoin Invoice Scam
The PayPal Bitcoin scam starts by sending an email to the recipient. When the receiver opens the mail, it shows an updated invoice which tells you that a pending amount must be paid. They mention a link below the email. Once you click on that link, you will be redirected to another page. They are then asked to call on a toll-free number. Many recipients are fooled when they make a call and are then asked to install the software. This software lets the hackers control the device on which you are operating your account.
As per PAYPAL Bitcoin Invoice Scam, the PayPal team has issued a written statement stating that such scams are common and they are working tirelessly to protect their users from them. They are aware of this phishing scam, and the team is working hard to put additional controls.
Conclusion
Ending this post here, we would like to inform all the readers that they should be aware of such online phishing scams. You can immediately report such an email and contact the official customer service team. You must put security on your PayPal accounts to avoid such scams. We hope scammers will be arrested soon.
What are your thoughts on PAYPAL Bitcoin Invoice Scam? Please let us know your thoughts in the comment section below.
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