Warwickshire Tackling Cyber Crime Programme Receives National Recognition
Partners from across Warwickshire have been acknowledged in there role for fighting fraud.
Action Fraud is warning people selling items online to be on the lookout for criminals sending fake PayPal emails.
Between January 2020 and September 2020, 21,349 crime reports were made to Action Fraud about fake PayPal emails.
Victims reported losing a total of £7,891,077.44 during this time.
Those targeted included people selling jewellery, furniture and electronics via online marketplaces.
Reports of fake PayPal emails to Action Fraud made up a third of all reports of online shopping and auction fraud during this period.
Criminals have been targeting people selling items online, by sending them emails purporting to be from PayPal. The emails trick victims into believing they have received payment for the items they’re selling on the platform.
Typically, after receiving these emails, victims will then send the item to the criminal. This leaves them at a further disadvantage having not received any payment for the item and also no longer being in possession of it.
Action Fraud issued a similar warning earlier this year, after it received 3,059 crime reports about fake PayPal emails between October 2019 and December 2019. Victims reported losing a total of £1,121,446 during this time. Reports of fake PayPal emails to Action Fraud made up almost 18% of all reports of online shopping and auction fraud during this period.
In one instance, a victim received a fake email purporting to be from PayPal claiming the buyer accidently paid more than they should have. The buyer then asked the victim to pay the difference by sending a gift card to them with the difference loaded which they dutifully did.
What you need to do?
If you think you’ve been a victim of fraud, report it to Action Fraud online at actionfraud.police.uk or by calling 0300 123 2040.
PayPal offer the following advice:
If you think that you’ve received a suspicious email, you can forward it to firstname.lastname@example.org, without changing the subject line. PayPal will let you know whether it is fraudulent.
More information about PayPal’s protection policies can be found on their website: https://www.paypal.com/us/webapps/mpp/paypal-safety-and-security