PayPal users who have received "You have Authorized a Payment to Tom and Sheri's Products, Inc" email messages like the one below, which claim that their accounts have been limited are asked not to follow the instructions in them. This is because the fake emails are phishing scams being sent by online scammers, and not by PayPal. The aim of the scammers is to steal the recipients' PayPal usernames, passwords and credit card information, which they(scammers) will use to hijack their accounts and use them fraudulently.
The "PayPal You have Authorized a Payment to Tom and Sheri's Products, Inc" Scam
PayPal customers who have received emails like t
From: "PayPaI, Inc." - firstname.lastname@example.org>
To: "email@example.com" <firstname.lastname@example.org>
Sent: Thu, Apr 25, 2019 at 12:58 PM
Subject: RE: You have authorized a payment to Tom and Sheri's Products, Inc.
You authorized a transaction to Tom and Sheri's Products, Inc.
For more information download your document and open to a browser.
If the instructions in the phishing scam are followed, the potential victims will be taken to a fake PayPal website and ask to sign-in with their PayPal usernames and passwords. They will then be asked to update their credit card information by entering it on the bogus PayPal page.
All the information entered on the bogus PayPal page will be sent to the online scammers behind the scam. Once they have their potential victims' PayPal credentials, they use it to hijack their accounts and use them fraudulently. This includes stealing money from their accounts, using their PayPal accounts and credit cards to make fraudulent purchases. Victims who have already entered their PayPal user names, passwords and credit card information on the fake website are asked to change their PayPal password and contact PayPal and their bank immediately for help.
Please note that PayPal will always address their users by name and will never refer to them using the following:
- Dear [Email Address]
- Dear PayPal customer
- Dear Valued Customer
- Dear Member
- Dear User
- Dear Customer
To avoid getting tricked by these phishing scams, PayPal users are asked never to click on a link in an email message to sign into their PayPal accounts. They should always go to www.paypal.com and sign into their accounts from there. After signing in, PayPal will display important messages or notifications to them.