Scams, identity theft and cybercrimes threaten everyone.
Every year people lose billions of dollars to scams, identity theft and cybercrime. No one is immune to these dangers. Young and old alike are victims and if you think you are too smart to become a victim, you are wrong. According to the National Association of Securities Dealers wealthy, financially literate and astute people are actually more likely to become victims of financial scams.
The key to protecting yourself from scams cybercrime and identity theft is education and that is where Scamicide.com comes in. Here at Scamicide.com you will learn how to recognize scams, cyber security threats and risks of identity theft as well as how to avoid them. Here at Scamicide.com we also alert you each and every day to the latest developments in scams, cyber security and identity theft and tell you what you need to do to protect yourself. It is a dangerous world out there, but Scamicide.com can help you make it safer.
Scam of the day – October 20, 2026 – PayPal Resolution Center Scam
PayPal is a popular payment service used successfully by many people particularly when making purchases through eBay. However, because it is so popular with the public, it is also popular with scammers who over the years have created numerous PayPal based scams about which I have reported to you in the past. Many of the scams involve phony invoices that lure you into clicking on malware infected links or providing personal information that is used to make you a victim of identity theft.
Today’s Scam of the day is one that has been around since 2018, but is resurfacing, as many scams do. It starts with a phony email purporting to be from PayPal that indicates that PayPal is investigating a payment reversal due to your receiving an unauthorized payment due to a transaction error. You are directed in the email to click on a link to login and access your PayPal Resolution Center. Don’t do it! Clicking on the link will take you to a phony PayPal website that will lure you into providing your password and other personal information that will lead to identity theft.
TIPS
Fortunately, this particular scam is easy to avoid. You should start out by being aware that this scam is active and remembering my motto, “BS – Be skeptical.” The easy way to avoid this scam is to never log into your PayPal account through a link in an email because to do so may merely take you to fake email account. Always access your PayPal account independently through your browser.
Legitimate emails from a company with which you do business would include the last four digits of your account and include your name rather than just your email address. Often these emails have neither.
Other telltale signs that this is a scam is that the email address of the sender often has no relation to PayPal, but is merely the email address of someone whose email account was hacked and made a part of a botnet to send out these phishing emails. Also, merely because the email may contain a PayPal logo does not mean that the email is legitimate. It is easy to counterfeit a PayPal logo.
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