The Fanbox email scam which was reported by Moneylife earlier, is turning more dangerous as some users have found their bank account linked with PayPal shrinking automatically

Moneylife Digital Team

The Fanbox email scam, which Moneylife reported on 20 March 2013, is turning out to be more dangerous and harmful for those who have linked their bank and PayPal accounts with Fanbox. Some users have reported that their bank accounts have been automatically debited by Fanbox through the link to their PayPal account. Moneylife received comments from those who saw their bank account shrink. One such person lamented and said, “They (Fanbox) are debiting money from my account in regular interval automatically. Till now they have charged $28”. Another person saw as much as $100 being debited to Fanbox. The age of internet banking has made it easier for users to be looted.

To read more on this click here....