According to this email, which claims to be from online payment service PayPal, your credit card has expired and you will need to update card details to continue using PayPal.
The email instructs you to click a link to log in and update your information.
However, the email is not from PayPal and the claim that you must follow a link and update your information is a lie. In fact, the email is an attempt by cybercrooks to get hold of both your PayPal login credentials and your credit card data.
If you were to click the link as instructed, you would be taken to a website that closely resembled the genuine PayPal website. Once on the fake site, you would be asked to log in with your PayPal email address and password. After ‘logging in’, you would then be taken to an ‘update’ form that asks for credit card numbers and other personal information.
But, alas, all information provided on the fake site would be collected by scammers and used to hijack your account and perform fraudulent credit card transactions using your card.
PayPal conducts almost all of its business online and regularly communicates with customers via email. Scammers know that PayPal customers expect emails from the company and they have greatly exploited this expectation via continual email phishing campaigns.
PayPal has published information on its website explaining how to recognize phishing scam attempts and how to report any scam emails that come your way.
If you receive one of these messages, do not click any links or open any attachments that it contains.
Subject: Acoount Info Changes
Your CreditCard info changes in your PayPal account
Dear PayPal customer,
Your CreditCard has expired. Since it’s the only payment method in your account, you’ll need to update your card information to continue using PayPal. Please update your card’s expiration date and card security code (CSC) as soon as possible. Update card details
You can always add a new card, too.
Importance NoticeAfter considerable thought and with an ache in my heart, I have decided that the time has come to close down the Hoax-Slayer website.
These days, the site does not generate enough revenue to cover expenses, and I do not have the financial resources to sustain it going forward.
Moreover, I now work long hours in a full-time and physically taxing job, so maintaining and managing the website and publishing new material has become difficult for me.
And finally, after 18 years of writing about scams and hoaxes, I feel that it is time for me to take my fingers off the keyboard and focus on other projects and pastimes.
When I first started Hoax-Slayer, I never dreamed that I would still be working on the project all these years later or that it would become such an important part of my life. It's been a fantastic and engaging experience and one that I will always treasure.
I hope that my work over the years has helped to make the Internet a little safer and thwarted the activities of at least a few scammers and malicious pranksters.
A Big Thank YouI would also like to thank all of those wonderful people who have supported the project by sharing information from the site, contributing examples of scams and hoaxes, offering suggestions, donating funds, or helping behind the scenes.
I would especially like to thank David White for his tireless contribution to the Hoax-Slayer Facebook Page over many years. David's support has been invaluable, and I can not thank him enough.
Closing DateHoax-Slayer will still be around for a few weeks while I wind things down. The site will go offline on May 31, 2021. While I will not be publishing any new posts, you can still access existing material on the site until the date of closure.
Thank you, one and all!