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Paypal account charged to my bank but I did not issue

New Community Member

Paypal account charged to my bank but I did not issue

A charge for $995 was taken out of my bank and I verified it was not on my paypal account.  How can someone create a Paypal account and use my banking information?  I reported as fraud to my bank and may have to create new bank account if another charge happens. 

TypeSmiley Surprisedther paymentDescription:MOMOX GMBH DES:IAT PAYPAL ID:J22222BW3ETWE INDNSmiley FrustratedAMUEL COJ CO