Since we're discussing paypal, I wanted to inform you about the Nigerian Paypal scam, its very common and sneaky. Although it started with the Nigerians, now anyone can do this scam from anywhere. Here's how it works:
The scammer wants to buy your stuff and wants to send you money via paypal. The seller agrees and gives the scammer his paypal address. This is the first part of the scam. Whenenver someone legit sends you money via paypal, you get an email confirming payment. The scammer creates a fake paypal email confirmation that states that money has been recieved into your paypal account. It looks almost identical to a real paypal email payment confirmation. Most unsuspecting sellers accept this fake email as "cool, i got my money" and so they ship out the item to them. Now, some sellers are smarter than that and actually check their paypal account to see if money was actually recieved. This is the second part of the scam. The fake email contains links to the paypal login website, which is also a fake website. Most sellers will simply click on the link in the fake email, then login into their paypal account. But it's not the real paypal website, and the seller has just entered his password into this fake website and the scammer now has it. At that point, the scammer knows the email address and password for the account and can login into the real paypal website and begin making fraudelent charges, purchase or worse, send money from the victims bank account to the scammers account. This has happened many times, and I'm sure millions of $$$ have been stolen. Becareful out there. The only thing worse than a lowballer, is a scammer.
