Here we outline some of the common fraud trends to look out for amidst COVID-19 so you can remain vigilant and protect yourself.
As the effects of COVID-19 continue to impact our daily lives, we know many of you are taking extra precautions to stay safe during this time. This not only includes maintaining health and safety, but also ensuring that you’re making safe and smart financial decisions, whether you’re purchasing groceries or medical supplies online, sending money to family or friends in need, donating money to charity, or looking for new employment.
Since fraudsters often use times of uncertainty to take advantage of consumers, we want to make sure that our customers have the resources and tools to learn how to identify potential fraud schemes and avoid falling victim to them. We’ve created a list of the common fraud trends to be aware of as you navigate through these uncertain times, and the ways that PayPal and other resources can help if you become a victim of fraud.
Common Fraud Themes
If you find yourself in a situation that you think could potentially be a scam, there are two important themes to keep in mind to help you decipher if you’re dealing with fraud:
Here are some of the common consumer fraud trends to be aware of as you transact online:
How PayPal Can Help Victims of Fraud
If you believe your account with PayPal has been affected by fraud you can report the incident to PayPal Customer Services. Examples of what you can report include:
Additional Resources for Fraud Reporting
For any fraud you experience when using another payment method or platform, you can report the incident to a variety of governmental agencies, including:
More simple steps on protecting your account from scammers can be found here.
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