An e-mail requesting recipients to update their PayPal credit card information in order to receive funds from a PayPal class action settlement suit is in circulation.
The scam appears legitimate based on information contained in the e-mail such as:
The website requests the recipient's PayPal username and password and redirects the recipient to another site to enter their credit card information. Upon clicking submit, the recipient is then redirected to the legitimate PayPal site.
Be cautious of e-mails inviting you to participate in any class action suit, as they could be phishing for your personal and financial information.
If you have received a fraud, or similar e-mail, please file a complaint at www.IC3.gov.