I recently reported on this blog an issue involving the use of PayPal to perpetrate sophisticated scams. https://bit.ly/3Eldbp6
Since that post, two things have occurred. An article in the UK’s Telegraph reported that PayPal was joining other large tech companies and firing 2,000 staff. https://bit.ly/3IE0A33 Second, I checked my PayPal account again and discovered that the bogus charge and fake American Express security phone line are still listed in my account. This is so many weeks after I reported the problem and was assured that PayPal was hard at work fixing it.
I must wonder how many other phony transactions are showing up on PayPal accounts with bogus phone numbers to call to cancel the transactions. Why is it still possible for foreign actors to post false information in individual PayPal accounts and have them remain for weeks or longer?
I can only repeat my warning to everyone with a PayPal account. Beware.