Online scams come in many shapes and sizes, but one that’s making a comeback is the PayPal invoice scam. Scammers are once again using this tactic to target unsuspecting users by sending fraudulent invoices through PayPal itself, and they’ve even gotten creative with company names—like “MikroTik LLC,” and “Exceed in Coding LLC,” or ” Xero LLC”—to make their scams look legitimate.
The scam typically begins with an email or notification from PayPal. It’s a formal-looking invoice, often for a large amount, that appears to be an official request for payment. If you spot an invoice with an unusually high amount, it’s designed to alarm you and prompt you to act quickly.
In most cases, the fake invoice includes a phone number you’re urged to call if you have questions. But that’s where the trap lies: calling the number connects you with the scammer, who will then try to extract sensitive information from you—such as your account details, credit card information, or even Social Security number. With these details, scammers can access your accounts, make unauthorized purchases, or sell your information on the dark web.
Source: Reddit
Scammers use PayPal invoice scams because they are simple but effective. Since PayPal is a trusted platform, many users won’t think twice before opening and reading a PayPal notification. Plus, a well-crafted fake invoice looks like any other legitimate request, which gives scammers a powerful edge.
PayPal invoice scams may look convincing, but by staying alert and double-checking any requests for payment, you can keep your information safe. Remember: if something feels off, it probably is!
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