How Scammers Open a Fake Paypal Account

Paypal is a safe online payment option if you know who the recipient is. Everything is possible to manipulate in our computer world though, and we can do so with paypal as well. A fake paypal account can be opened in a couple of hours and verified with fake documents later on. Therefore you should not base your thrust on the fact a seller is using paypal.

A step by step method on how to open a stealth paypal account will of course not be discussed here. This is a fraud prevention, not fraud creation website. However, some basic information will be given out so that you know what is possible and how you can protect yourself.

A stealth paypal account without a real name and other proper personal information is not necessarily created with the sole intention of defrauding people. Such a fake paypal account will be opened by two kinds of people:

  • People who are in search of loopholes, because they can’t use paypal for a number of different reasons.
  • Scammers whose sole intention is to defraud buyers.

Why Would You Need A Stealth Paypal Account?

If you are a freelancer who is legitimately making money online or you are a buyer, one mandatory thing you need is a payment method. One of the most popular payment methods is PayPal.

But what if you do not have access to PayPal because it isn’t available in your country or only have limited access? With PayPal being such a popular payment method, businesses as well as individuals, almost must have this payment option in order to exist online. This is where, although with good intentions, one may want to search for ways on creating a fake stealth paypal account.

But the other majority of people are using fake paypal accounts to steal from people and do money laundering. The Paypal system needs a few things from you to be able to register with them:

  • eMail
  • Personal information
  • Identity Confirmation
  • Utility Bills
  • Telephone Number
  • Bank Account or a Credit Card

Opening The Account

A fake stealth account can have any name, address or country listed as real personal information. That is because false identities can be verified with counterfeit documents.

For those of you who already have a paypal account know how the identity procedure looks like. First you enter a person’s name and his corresponding address. Then all you need to do is add a bank or a credit card. You then wait for the expuse number which appears on the statement and enter it into paypal. This concludes the basic verification and you can use paypal up to a certain degree.

A bank account can be opened online easily. Some banks require only a scan of your ID to open an account with them. These documents are quite easily obtainable on the internet. Furthermore, you can get a fake utility bill or bank statement. And you can use these either for opening a bank a bank account or a paypal account.

Next step is a credit or debit card. How do you get a credit card that will verify a false identity? Easy and cheap! It won’t cost you more than a couple bucks! Meet virtual credit cards. These cards can be neutral and work on any name. Scammers took advantage of this and used cards like these to verify their false identities on paypal and many other online companies.

Sometimes you need a phone number to verify your account. Paypal may even call their customers to verify them. So if you would have provided a false number and be unreachable they will most likely limit your account. A VOIP phone number can be obtained easily for any country in the world. A VOIP takes care of that aspect of verification as well.

Et voilà! This shows you how easy it is for scammers to open up a false verified paypal account. And you can send and withdraw money with it as you please.

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Chris Harris
Chris Harris

I was just sent a similar email about a item I’m selling on craigslist, I to am selling a antique stere. They didn haggle on price and wanted to use aypal for the money transfer, she even said she was hiring her own movers. But this lady said she was here in the USA n was buying it as a gift for her son. but then she sent a email saying she paid me through paypal, but the money transfer doesn’t show up in my account, and now she want me to send the shipping service fees through Weestern Union.… Read more »

anon
anon

Not everyone who signs up illegitimately to PayPal is a scammer. PayPal has a record with screwing people’s businesses over for inadequate reasons, and many people are trying to sneak past the system to keep their legitimate businesses going.

Thomas
Thomas

I opened a pay-pal account about 2 weeks ago with my Direct express debit Card disability payment, and very little at that…reason was to buy a few thing with not having to pay someone to take me to the store other that for food, and just getting harder to get out in public for me,…the other was to sell a few things on ebay so that i could have a few dollars extra dollars to make it thru the month, i thought after selling a few things i would apply for the pay-pal credit card are have them send me… Read more »

almostbutnot
almostbutnot

So I put a couple of items on Craigslist here in southern California. I immediately received this email: Thanks for your response,I am willing to pay your asking price,but ill be paying through my online paypal account due to my location.Am from Norwich East of England and i’m on a missionary course attached to Norwich Cathedral,which will end in couple of month,that’s why i can’t use any other form of payment than paypal,the only safe and secure way for me to pay online.So give me the email linked to your paypal account if you have one and if you are… Read more »

Roger
Roger

Just received ‘Anne”s form letter that other received back in August and September of 2010. ‘She’ or ‘he’ tried to buy an Alpha Romeo from me. That must be some missionary course.
I still have my Alpha.

Di
Di

I was almost scammed by selling something online. The buyer was from CA and was using a company by the name of Unicshipping for shipping. I was to receive the money via check by mail and never received it, three weeks went by. The buyer contacted me and asked me to use Paypal so I agreed. I told him I wanted nothing to do with the shipping but he sent the money anyway. I received an email from Paypal telling me to send them the Western Union receipt once I sent the shipping payment upfront while the funds were on… Read more »

Qshko
Qshko

Hello guys.
I sell laptop on one person and he send me a payments for this item in paypal to my account but i must send him my laptop via Roayl Mail and to send after this shiping transfer code to him and paypal to receive the money.
Is it there have shance to lose my Laptop and to dont receive money after all deal ?

Reem
Reem

I need help.
I never set up a paypal account but i keep seeing purchases payed through paypal on my credit card receipt.
how is that possible? does this mean that an unauthorized person is using my credit card? is there any way to fix this?
I have been charged for the past month and i am closing my credit card account because of this but is there any way that i could get my money back? file a fraud? i don’t know what to do!!
please help!!
thanks

Anonymoose
Anonymoose

Your location can be verified based on your IP. Your exact location also. It doesn’t matter if you are hopping on a neighbors wireless either. You can be tracked by your MAC address by following your IP. There are tools that allow you to spoof your MAC(L2/Data Link)address and it is extremely easy. For the individual that knows more than the average scammer proxies would not be used either. The use of bncs/fpipe/netcat placed on compromised computers is much more effective. The scammer then owns the bnc which works about the same as a proxy, but basically just forwards/pipes the… Read more »

The Scammer News
The Scammer News

Judging by the sheer number of solicitations and “can’t miss” propositions that the public can see every day in their e-mail mailbox or posted on message boards, social networks or Web Sites, Internet Scams may seem inescapable. That’s why websites like The Scammer News & Bustathief are on the internet, to let victims have a place to warn others our here. The Scammer News is a ongoing project started in 2010 here at Future News, we help bring to light the scams and convicts that use them in our chat rooms and social networks on a daily basis and to… Read more »

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