Chartered Trading Standards Institute
Public sent phoney PayPal security texts
The Chartered Trading Standards Institute (CTSI) received evidence of texts purporting to be from the online payment platform PayPal.
The texts mimic official messages that inform the recipient that someone has logged into their account. It then asks the recipient to tap a link to a bogus website to report if this was not them. The website requests the account's login details supposedly for verification and "(to) secure your PayPal account", but the page sends the information to scammers, who may gain access to the PayPal account.
CTSI Lead Officer, Katherine Hart, recently said:
"Many millions of people now use PayPal as a payment method and the surge in online shopping due to COVID-19 restrictions make this scam particularly dangerous in its potential impact
"The public should verify with PayPal directly before engaging with any message, and they should forward scam texts to 7726, a free reporting service run by Ofcom. The public should reports scams such as this so that authorities can get a complete picture of the scale of this problem.
"So many people are bombarded by scam messages at this time, and we must inform our friends, family and social groups about this to mitigate the impact of these scams."
To report scams, contact Action Fraud, or if in Scotland, contact Police Scotland.
For consumer advice, please call the Citizens Advice Consumer Helpline on 0808 223 1133
The public and businesses are encouraged to join Friends Against Scams and Businesses Against Scams, respectively. These initiatives aim to protect and prevent people and businesses from becoming scam victims by empowering them to take a stand against scams.
CTSI Press Office: email@example.com, 01268 582240
Chartered Trading Standards Institute (CTSI)
CTSI is a training and membership organisation that has represented the interests of the Trading Standards profession since 1881 nationally and internationally. We aim to raise the profile of the profession while working towards fairer, better informed and safer consumer and business communities. CTSI's members are engaged in delivering frontline trading standards services in local authorities and in businesses. www.tradingstandards.uk
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