Dan Schulman served as chief executive of PayPal and held senior leadership roles at AT&T, Priceline, Virgin Mobile, and American Express.
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biographical
Professional background of Dan Schulman prior to leading Verizon.
Consumer monetary settlements commonly use third-party digital payment platforms such as PayPal or Venmo to distribute refunds, and unclaimed electronic payments are often followed by mailed checks to recipients' default shipping addresses.
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process
Common distribution mechanism for consumer refund payments in settlements.
These fake cloud storage pages commonly request a small 'upgrade' payment (often cited as $1.99) and collect credit card numbers, PayPal logins, or other personal information, resulting in financial theft.
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behavioral
Explains the mechanism by which the scam converts a phishing interaction into stolen financial credentials.
Scammers frequently request small 'upgrade' fees (for example, $1.99) and request credit card information, PayPal logins, or other personal data as part of cloud-storage impersonation scams in order to steal payment credentials and financial information.
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procedural
Explains the typical monetization tactic used after luring victims to fake storage dashboards.