However, I received an interesting email today in relation to a supposed Paypal payment that we have made for a Sony Vio amounting to £247.85.

Of course, we didn’t recognise this transaction at all and then realised that when you click on the link for cancelling the transaction, they ask you to put in your user name and log in which for Paypal merchants like us, would give someone immediate access to our Paypal funds.  These could then be transferred anywhere.

This is a very worrying email and a convincing one.  Obviously, the scammers have identified merchants who use Paypal and it was very easy to send them an email that looked like it had come from Paypal with a link to a site that looked like Paypal but obviously isn’t.

I suspect that many people could be caught out by this and so I am doing my best to spread the word including alerting Paypal themselves to this.

Anyone who has some similar scams or experienced the same with Paypal should contact me

HG