PayPal Phishing Scam - "Your Account Will Be Limited, Update Your Information Please"
November 19, 2014
PayPal users, the email "Your Account Will Be Limited, Update Your Information Please," is a fake and a phishing scam. The email message claims that the recipients' accounts will be limited unless they update their account information. But, the email message was not sent by PayPal and is a scam created by scammers to steal the recipients' PayPal username, password and credit card information, which they(scammers) will use to hijack their accounts.
Please continue reading below.
The PayPal Phishing Email Scam
Subject: YOUR ACCOUNT WILL BE LIMITED , UPDATE YOUR INFORMATION PLEASE
Your Account Will Be Limited.
Your Account Will Be Limited , Until We Here From You .to Update Your Info . Simply click on the web address below
UPDATE YOUR INFO
UPDATE YOUR ACCOUNT UPDATE NOW
HELP CENTER | PARTNER DIRECTORY | LOGO
CENTER | SECURITY | BUSINESS CENTER
If you follow the instruction in this scam, you will be taken to the fake PayPal website below and ask to sign-in with your PayPal username and password.
You will then be asked to update your credit card information by entering it on a bogus PayPal page.
All the information that was entered on the bogus PayPal pages, will be sent to the cybercriminals behind the scam. Once they have your PayPal credentials, they use it to hijack your account and use it for fraudulent purposes. This includes stealing money from your account, using your PayPal and credit card to make fraudulent purchases.
If you have already entered your PayPal user name,password and credit card information on the fake website, please change your PayPal password and contact your bank immediately.
Please note that PayPal will always address you by your name, and will never refer to you using the following:
Dear PayPal customer
Dear Valued Customer
To avoid getting tricked by these phishing scams, never click on a link in an email message to sign into your PayPal account. Always go to www.paypal.com and sign into your account from there. PayPal will display important messages or notifications to you once you have signed into your account.
This PayPal phishing scam is similar to the following:
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