The Paypal Invoice Bitcoin Scam

Have you ever been sent an invoice from Paypal asking you to pay in bitcoin? It may seem like a legitimate request, but it’s actually a scam.

The scammers are trying to get you to either pay the invoice or call a phone number to cancel it. If you pay the invoice, you’ll be sending money to the scammer instead of to PayPal. If you call the number, the scammer will try to get more information from you, such as your bank details or other sensitive information, which they can then use to try and scam you further. This is called phishing.

Phishing is a type of online scam where criminals send emails or messages pretending to be from a legitimate company. The messages often contain links to malicious websites or attachments that can install malware on the victim’s computer. Or they contain scammer contact information. The goal of phishing is to steal personal information such as passwords, financial information, or other sensitive data.

It’s important to be aware of bitcoin purchase scams and to not respond to any requests for payment for bitcoin from an unrecognized sender. If you receive an invoice from PayPal, always log into your PayPal account directly and check for the payment. If the payment isn’t visible, then it’s likely to be a scam.

If you think you may have been scammed, it’s important to act fast. Contact your bank immediately and ask them to put a stop to any payments that may have been made. It’s also important to report the scam to the police.

1 Response

  1. June 16, 2023

    […] concern for businesses of all sizes. Small businesses, in particular, are often targeted by cybercriminals due to their perceived lack of robust security […]

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