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Brian Krebs, a journalist who specializes in online security issues, described how this Zelle scam works: The scammer sends you a text purportedly from your bank, asking if you'd just tried to ...
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Zelle allows you to cancel a payment if the recipient isn’t enrolled with Zelle, but it may offer a reimbursement for money you sent to an imposter scammer, depending on the circumstances ...
The alert warns of Zelle scams on Facebook Marketplace in which a fraudulent buyer attempts to buy a big-ticket item using Zelle, the popular peer-to-peer lending app, to make payment. See: 9 ...
What do Zelle scams typically look like? One common con on Zelle is known as a “me to me” scam. This is how Bank of America described it in one email to customers: Customers get a text that ...
As the Zelle website states, “Unlike a credit card, Zelle does not offer a protection program for any authorized payments made with Zelle — for example, if you do not receive the item or the ...
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Cashless P2P (peer-to-peer) transaction apps are great and have unequivocally made our lives easier, but as is the case with any emergent technology, scammers are quick to find ways to exploit ...
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