Saturday, 24 August 2013

How to Avoid Craigslist Payza Scams

When shopping for something online, you don’t want to run into any problems. You want to shop around, find a good deal on what you’re looking for, pay and be on your merry way. But sometimes, scamsters are hiding around every corner, waiting for unwitting prey to walk right into their web of deception.

One such scam that has claimed many victims is the Craigslist Payza scam. Since this type of scam is so prevalent, it is important to know what to look for so that you don’t fall victim when shopping or selling online.

There are two versions of this Payza scam:

Version 1: You have a valuable ring that you want to sell on Craigslist, so you post a photo and a description. In a day or two, you receive a reply to your posting from someone who is very interested in buying your ring. They are so interested that they offer to pay even more than the asking price. As you are very excited at the prospect of getting even more money that you asked for, you agree to sell the ring to this person. They give you a P.O. Box where you will send the ring, or an international address. They tell you that they have sent you money via Payza – a credible online payment processor. They give you a transaction number, and tell you that you must submit this number to Payza to claim your money. You send the ring, thinking that you have been paid for it, and contact Payza. However, Payza has no record of this transaction. You have sent your ring to a scammer and will not receive payment for it.

Version 2: You are shopping for a used car on Craigslist. You see an excellent deal on a car that a U.S. soldier has posted. He also posted a sob story: he needs to sell his car so that he can help support his family as he is serving in Afghanistan for 2 years. He is leaving at the end of the month and must sell the car as soon as possible. He is so desperate that he is selling it at a reduced price to attract buyers. You are swept away by this brave soldier’s story that so make an offer, and he agrees. He tells you that you just have to send the money to his P.O. Box, and claim your car from Payza who is holding it for you. He even gives you a transaction number to make the transaction look real.

As audacious as these Payza scams appear, they happen every day, and thousands upon thousands of dollars are lost to scammers this way. But there are some red flags you can look out for to protect yourself and your hard-earned money:

Red Flag #1 – Buyer offers more than the asking price (version 1): This is a guaranteed sign that this is a Payza scam. They are trying to appeal to your desire to make a profit to convince you to send the item without thinking it through. Don’t fall for it.

Red Flag #2 – The Seller has a long sob story to go with his ad (version 2): If they have to tell some long story about why they are selling their item so cheap, then they’re probably trying to appeal to your emotions to put blinders on your sense of reason. Again, don’t fall for it.

Red Flag #3 – They claim that Payza is holding the money/item for you. This is a hallmark of a Payza scam – the buyer or seller tell you that Payza is holding something for you. You just have to submit the transaction number to claim your money or item. But Payza doesn’t work like that. You would receive an email notifying you that someone has sent you money. An account would automatically by opened for you – which you could access through – and you would see the money in your Available Balance. If you can’t see that money in your Payza account, you have not been paid.

When in doubt, you can always contact Payza directly and ask them if you have been paid. But whatever you do, do not send the item until you have been legitimately paid. And if you are looking to buy something, never send the money if they tell you Payza is holding a car or anything else for you.


If you want to learn more about how to protect yourself from Payza scams, visit Payza Blog and read this post about online security.

Friday, 23 August 2013

3 Reasons Why Payza Scam Emails are Dangerous

It's a shame when perfectly credible company names get dragged through the mud thanks to fraudsters. Unfortunately, Payza is one of the companies whose name is often used by unsavoury people for fraudulent purposes. One of the ways that fraudsters get people is through Payza scam emails.

They can show up any time of day, and look just like they are from Payza, with logo and all. However, there are some marked differences between a real Payza email and a scam email. For one, a Payza scam email will come from a different email address than the real thing, such as Only real Payza emails are from [xxxxx]; they would not be from anywhere else.

Also, a Payza scam email might ask the recipient to make changes to their account or provide highly sensitive information by replying to the email or clicking on a link and providing it through a website.
It is important to note that you should never hand over any personal information, including your passwords and PINs, via email, even if the email looks real. If you are unsure, contact Payza through any of their communication channels and verify with them directly.

Now that you know a little bit about what to look for in a scam email, here are a few reasons why these emails can be dangerous:

  1. They can lead to identity theft. Through the clever use of a Payza scam email, a fraudster can be successful at procuring your personal information, such as your address, phone number, full name, date of birth, and more. Fraudsters can then use this information to apply for/use credit cards and lines of credit in your name, even take out loans. They can get this information from you by pretending to be Payza, and can very convincingly explain why you must submit this to them via email. With an alarmist tone and a “requirement to update your personal information in their files”, they can successfully syphon information that you normally would never give out in reply to an email.

  2. They can contain viruses and malicious links. Some Payza scam emails only need to be opened to give your computer a virus that can access your files at any time, capture your usernames and passwords for your various online accounts, and use your computer as part of a large botnet for sending out spam and causing other types of havoc. Some scam emails will lead you to another website where you may be asked to enter personal information. It’s best to check where the email came from before opening it, especially if you are not even awaiting communication from Payza for one reason or another. If the title seems suspicious, you can always contact Payza before opening it to verify if a legitimate email was sent to you in the first place. Just doing this could save you a lot of trouble.

  3. They can empty your bank account. Payza scam emails can also come in the form of a 419 scam. This is scam in which a person sends you an email imploring you to help them out by sending them money, which they claim will be paid back tenfold once they get a major payout of some sort. They might request that you pay them via Payza. However, if you give them money, they might be able to withdraw it to a bank account, and disappear into thin air before you figure out that you have been conned. Falling prey to such a scam can easily drain your bank account.


If you want to learn more about Payza scams and cybercrime, check out this post on site.