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New Scam Alert: Small Businesses Spot An Invoice Scam Posing As The Geek Squad Or PayPal

Dryden Wire reported:  

MILWAUKEE, WI — You may have encountered a fake invoice if you are running a small business (or keeping books for one). Phony bills have long been a favorite and effective trick of scammers. Recently, BBB Scam Tracker has gotten multiple reports of a new version of this scam, where con artists pretend to be contacting you as part of the Geek Squad, which is owned by Best Buy (BBB Accredited Business) or through PayPal (BBB Accredited Business).

You receive an invoice that says it’s coming from the Geek Squad. It says you’ll be charged hundreds of dollars for an annual subscription that is about to auto-renew. The email may include a PDF version of the invoice and a number for you to call if you want to cancel the subscription.

Panicked and sure you never authorized this subscription, you call the number. A “customer service agent” answers and pretends to assist you with the cancellation. They may offer you a refund or ask you to confirm your bank account information so they can cancel the subscription. If you give them that sensitive information, they’ll likely gain access to your account and can withdraw money without your consent. 

Find the original article and read more here.

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