PayPal users lose £ 1m to scammers posing as buyers

UK PayPal users have been warned by Action Fraud, the country’s National Fraud Intelligence Bureau, to be on the lookout for scammers sending fake PayPal emails after losing £ 1.1 million on the payment platform between October and December 2019 had gone.

Victims of the fraud included people who sold electronics, vehicles, phones, and household furniture through online marketplaces like eBay and used PayPal to get payments for items. Scammers sent emails to …

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