Fraudsters have sent legitimate looking PayPal themed emails, in an attempt to trick users into entering their personal information.
A well-crafted email supposedly coming from PayPal is trying to trick customers of the popular e-payment giant to follow a link embedded in it.
The link contained within the fake email takes those users to a reproduced PayPal phishing site.
Action Fraud is reminding everyone to be wary of emails saying they come from financial service providers like PayPal, and to never give out personal information without checking who it is really going to.
The scam email reads:
"Dear PayPal Costumer, It has come to our attention that your PayPal account information needs to be updated as part of our continuing commitment to protect your account and to reduce the instance of fraud on our website," it says in the email.
"If you could please take 5-10 minutes out of your online experience and update your personal records you will not run into any future problems with the online service.
However, failure to update your records will result in account suspension. Please update your records before June 12, 2012. Once you have updated your account records, your PayPal account activity will not be interrupted and will continue as normal."
Read more about the scam on Webroot’s website
Please note: Action Fraud is not responsible for the content on external websites.
To report a fraud, call Action Fraud on 0300 123 2040 or use our online fraud reporting tool.