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Sadly, these sorts of scams are growing increasingly familiar to anyone with a smartphone and a bank account, regardless of whether they use Zelle, Venmo, PayPal or other payment system. In a ...
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 FTC recently released data that shows consumers lost $8.8 billion last year to fraud, a 30% increase from the year prior," said Debt.com chairman Howard... 8 Most Common and Dangerous Zelle ...
The email alleges that the buyer paid using a Zelle business account and that the seller must also upgrade to a Zelle business account to receive payment — for a fee of a few hundred dollars.
In other scams, bank customers get an email, text or call from what looks like a person or business they know, urging them to send funds through Zelle. “It’s frighteningly easy,” said Murray.
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A government agency is investigating after a series of scams on payment apps like Zelle. NurPhoto/Getty Images. ... the letter says. Zelle's chief fraud risk manager, Ben Chance, meanwhile, told ...