Fraud News

New scams underscore the need to protect your PayPal account

Author: Pete Muntean / Source: WUSA

WASHINGTON (WUSA9) – After a Georgetown couple was scammed using PayPal, WUSA9 is asking about the risks of the popular way to pay online.

Here are the three things consumer advocates say you must know:

1. Do not link your PayPal to a bank account or debit card. A scammer could really take you for a ride if they can access to your account. This lets scammers drain or even overdraft your bank account.

2. Do link your PayPal to a credit card. This offers you an…

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