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Venmo has made transferring cash more convenient than ever, but some scammers are using the app to steal your money. The post 6 Common Venmo Scams to Watch Out For appeared first on Reader's Digest.
This is yet another phishing scam in which you receive an email giving you the good news that you’re a recipient of a prize and, say, $1,000 that will be deposited to your Venmo account.
Scam #3: Charitable contribution and investment scams Watch out for this scam, where scammers research personal information about you; lifting info gleaned from our social media pages.
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Over 70 million people use Venmo to send and receive money from friends and family. You can split bills and invite Venmo users to chip in, send or receive money and pay a growing number of businesses.
An overpayment scam, also known as a refund scam, is a type of confidence trick designed to prey upon victims' good faith.In the most basic form, an overpayment scam consists of a scammer claiming, falsely, to have sent a victim an excess amount of money.
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The scammer who sent me the text claiming that I sent them $13.50 was hoping I would see the message, immediately panic and think that someone hacked my Venmo account, click the link in the text ...
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