Beware! (What PayPal Users Should Know)

I was scanning my spam folder this morning when I noticed this email among many other useless emails:

Please complete the attached form to verify your Profile information and restore your account access.
Personal Information Profile

Make sure you enter the information accurately, and according to the formats required.
Fill in all the required fields.

Dear customer ,

As part of our efforts to provide a safe and secure environment for the online community, we regularly screen account activity. Our review of your account has identified an issue regarding its safe use. We have placed a restriction on your account as a precaution.

To lift the restriction we will require some further information from you.

If, once we review your further information and we're confident that the use of your account does not present a safety risk to our service and customers, we'll be happy to reinstate your account.

We have sent you an attachment which contains all the necessary steps in order to restore your account access. Download and open it in your browser. After we have gathered the necessary information, you will regain full access to your account.

We thank you for your prompt attention to this matter.

Very sincerely,
PayPal Review Department

It was the first time that an email from PayPal goes direct to my spam folder and I know something is not right. If I am not an employee in an Information Technology company and not aware of the scams involving PayPal, I might have followed what the email says in a heartbeat. Thankfully I have been hearing stories about this: a co-worker's client cannot access his PayPal account while a friend's friend lost almost $ 2,000 and cannot trace it anymore. Whew! So sad that some people need to resort to this due to poverty, greed and materialism.

To my dear readers and anyone who come across this blog, please... be careful with your accounts online. If you get an email such as this one, do not click any link and give the information they are asking you. Should you need to access your PayPal account, open a new browser and type the URL in the address bar instead of clicking a link in the email. Through this, you can avoid phishing scams and eventually avoid losing your hard-earned money. You can also forward emails like this at spoof@paypal.com.

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