PayPal is one of the most used platforms for sending and receiving payments by small medium and large enterprises. This makes it the most lucrative target for cyber criminals which is why PayPal phishing scams are so common these days. However, with every new day, these cyber criminals are coming up with new tactics to trick unsuspicious users and steal their personal and financial information.
Recently, some PayPal users have received an email claiming that a payment of $450.0 USD has been made to lie.xyy ([email protected]) from their PayPal account through AliExpress for iPhone 6S Black 32GB but in case the user did not make this payment and looking to resolve the issue they should click the link.
Now, if you are someone who keeps an eye on online scams, you may suspect something is wrong and login to your PayPal account to check what is going on while unsuspecting users may simply click on the link in the email body and fall for the scam.
It can be seen in the email content, the scammers are trying to convince users that the order is being processed and during this time you are unable to do any operation on their order but the fact is that one can file a dispute against the order or payment sent through PayPal. The overall English in the email body also indicated that it is a phishing scam. Also, AliExpress does not accept PayPal payments, in fact; AliExpress does not even mention PayPal among the modes of Payment on its Payment page.
Once the user clicks on “Resolve it now” tab they are taken to a fake PayPal domain (phishing domain) which asks for their PayPal login email and password along with other financial information.