Scammers are Using Twitter Bots for PayPal and Venmo Scams

This article has been indexed from E Hacking News – Latest Hacker News and IT Security News

 

Internet scammers are using Twitter bots to trick users into making PayPal and Venmo payments to accounts under their possession. Venmo and PayPal are the popular online payment services for users to pay for things such as charity donations or for goods such as the resale of event tickets. This latest campaign, however, is a stark warning against making or revealing any sort of transaction on a public platform.

How fraudsters operate? 

The fraud campaign begins when a well-meaning friend asks the person in need for a specific money transferring account — PayPal or Venmo. Then the Twitter bot springs into action, presumably identifying these tweets via a search for keywords such as ‘PayPal’ or ‘Venmo’.

Twitter bot impersonates the original poster by scraping the profile picture and adopting a similar username within minutes in order to substitute their own payment account for that of the person who really deserves the money. 

Twitter user ‘Skye’ (@stimmyskye) posted a screenshot online detailing how she was t

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