New scam using fake Paypal email
February 7, 2008
A Pinoy Money Talk (PMT) member emailed me yesterday to ask whether a Paypal transaction she is planning to enter into is a scam or not.
Apparently, some guy supposedly from the UK contacted her asking help to transfer Paypal funds. The guy claims he plans to visit the Philippines and needs help moving funds to the country.
This should already raise a red flag. Never, ever agree to such transactions because you may unwittingly be a conspirator to money laundering. A suspiciously large amount being withdrawn to a Philippine bank account raises the bank’s alarm and if you could not properly explain how you got the amount and why you are transferring money, you may be charged under the country’s Anti-Money Laundering Law.
Phishing email, fake website: e-buiilon.com
February 7, 2008
In the tradition of fake Paypal, eGold, E*Trade, Gmail, and YouTube emails designed to steal your personal information, here comes another phishing email that attempts to deceive you into logging to a fake website so it can hack your e-Bullion funds.
The well-designed email comes complete with the logo of online currency e-Bullion.com and a header image that ironically announces, “Eliminate Risks & Fraud.”
