There is this email running around with an attachment teaching how to make money using viral marketing techniques selling nothing. It is like one of those "get rich quick", or if they didn't say you are going to be rich, then it is a "earn quick money" using a matrix or pyramid system.

There can be many variations of a pyramid system, and they would only differ in the way the system is being presented.

See the full story.

I think you ought to view this video about this man complaining about Paypal service. Find out why.

Watch out for this paypal phishing scam. Note the link "Confirm" below goes to the website called:

http://paypal-billing-confirm.com/webscr.php?cmd=LogIn

If you like to see how the site looks like on Firefox and IE7, read the Full Story below. Otherwise, simply take note of the mail below.

----- Original Mail -----
Return-path: [support@paypal.com]
Delivery-date: Wed, 21 Feb 2007 20:08:37 -0600
Received: from [71.98.111.180] (helo=pool-71-98-111-180.ipslin.dsl-w.verizon.net)
Received: from wes-ib3g4dzt9hw (wes-ib3g4dzt9hw [71.98.111.180])
    (envelope-from support@paypal.com)
Date: Wed, 21 Feb 2007 16:08:15 -0500
From: "PayPal" [support@paypal.com]
Reply-To: "PayPal" <support@paypal.com>
Message-ID: [621829659.20070221210815@paypal.com]
X-NAS-BWL: No match found for 'support@paypal.com' (190 addresses, 0 domains)
X-NAS-Bayes: #0: 0.991256; #1: 0.00874433
Subject: [Norton AntiSpam] Update Your Account
X-NAS-MessageID: 3255

Dear PayPal . valued member,

Because of unusual number of invalid login attempts on you account, we had to believe that, there might be some security problems with your account.

We have decided to put an verification process to ensure your identity and your account security.

Please click on continue to the verification process and ensure your account security. It is all about your security.

Continue

Thank you.

PayPal Service Department
Please do not reply to this message, which was sent from an unmonitored e-mail address. Mail sent to this address cannot be answered. -

Another Paypal Account scam mail was received this month, and the scammer is probably targeting to get some booty for the coming seasons. Be warned!

Please spread this information asap.

We received a phishing email which looks exactly like Paypal, except that the link to update the account information is on a phishing site. We have screenshots of the email as well as the phishing site for information.

Found this announcement in one of the forums regarding 2CO fraud checks. As we can see, the task of the "gatekeeper" is not easy, having to screen off good orders from frauds among the thousands of transaction per day. Any errors in the process would cause a lost in profit margin for both the merchant... and subsequently the Payment Processor.

------ Attached ------

80% of the orders placed through 2CO either fail the initial fraud checks or end up passing and THEN being charged back. We will no longer accept 2CO as a form of payment.

I have wasted too much time and have seen over $6k in "sales" wasted the past 30 days because of their inability to offer a decent service.

I have removed 2CO from our accepted payments list and will NEVER add them again. We are looking into some other gateways like....