Yahoo Tackles eBay-PayPal Phising Scams

Posted in eBay, Fraud & Scams, Yahoo! on Oct 09, 2007

Recently, Yahoo! announced that they will start tackling fraudsters that sends phishing or fake emails to unsuspecting eBay or PayPal users that tricks them to reveal their personal details and account details.

According to Yahoo!, eBay (which owns PayPal) are collaborating with them to come up with a way to block fake messages from the email accounts.

The scam mainly relies on hooking unsuspecting victims with a very professionally written deceptive email messages and that is why the scam is popularly known as "phishing"

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