PayPal Scams: Beware The PayPal Money Adder
The PayPal Money Adder is the mythical money tree of the Internet. Every day, people both young and old scour the Internet in search of the PayPal Money Adder in order to hopefully turn that $0.00 balance into something more. But… Yeah… It doesn’t quite work that way.
What Is The PayPal Money Adder?
The PayPal Money Adder, also known as the PayPal Money Generator, refers to various pieces of software developed for a few different purposes. Sometimes, these money adders are created as a joke by a trickster looking to get people’s hopes up, but other times, these money adders are created with a much more malicious purpose in mind.
Why The PayPal Money Adder Is A Scam
Think of it like this: why would anyone share a program which could generate hundreds or thousands of dollars with you, someone they don’t know? This isn’t Robin Hood and you’re not in a fairy tale, so think about this logically.
Fine, perhaps logic isn’t your strong suit. If you still aren’t convinced it’s a scam, then keep reading.
Reason #1: Sharing A Lucrative Flaw In A System Only Gets It Patched Faster
People who do discover security flaws tend to keep the information to themselves (or they only share it with a select group of people), abuse the flaw, and then sell the information once it’s no longer lucrative (this is a common tactic used in black hat SEO as well). There are certainly some rare cases where individuals where share security flaws, though in these cases, it’s to get a company to patch the problem faster, not to make everyone and their dog rich.
Reason #2: It’s Easy To Sell Fake Software
I’ve come across a few websites that claim to sell PayPal Money Generators for as low as $10 and as high as $1,500. There’s no real price range for this, because it’s usually priced based on how many clowns the scammer thinks they’re going to coax into buying the software.
On another note, these sites usually claim to be in cahoots with Anonymous, Illuminati, or any other conspiracy groups that the general public believes to be almighty. So, you know, watch out for that.
Reason #3: Where Is The Money Coming From?
Paypal is not a bank and any money that PayPal does hold is kept in commercial interest-bearing checking accounts. With this knowledge, this leaves us with 1 question: where is the money that the PayPal Money Adder is purportedly placing into your account coming from?
The True Purpose Of The PayPal Money Adders
Still not convinced? Well, lets get into the specifics of this whole ordeal, shall we?
1. For Visitors To Complete Pay-Per-Download (PPD) Offers
If you’ve ever visited a website where you can download the PayPal Money Adder for “free”, you may have noticed that these websites often either require you to complete a survey before you can download the software or they provide the software to anyone for “free”.
This is often achieved with a content locker, which is common in pay-per-download (PPD) marketing. These content lockers effectively “lock” the page containing the download links and require users to either complete a survey or pay a fee to unlock the page. Now, consider this: if someone who has a PayPal Money Adder could generate hundreds or thousands of dollar each day, why would they require and rely on the minuscule commissions they receive from surveys. Certainly, these surveys seem superfluous when you consider this.
However, what about the websites that offer the PayPal Money Adder completely “free”? This bring me to the second purpose of the software.
2. To Steal Emails And Passwords To PayPal Accounts
Yes, this is the primary purpose of the PayPal Money Adder. When you submit your e-mail and password in the PayPal Money Adder, what actually happens is that your password is sent to the developer of the program so that they can gain access to your account either to pilfer the funds in the account or to sell the account (there is actually a market for verified PayPal accounts).
3. To Steal Your Money
Hey, sometimes, it’s as simple as that. You search for a PayPal Money Generator, you go to a dubious website, you pay said dubious website for a money generator, and you receive trash.
If you’re still not convinced, you’re a lost cause. All I can tell you is to do whatever the hell you want and find out for yourself.
For everyone else: stay safe on the Internet and don’t buy into any more get-rich-quick schemes.