Scams are on the rise. F inancial scams aren’t new, by any means, but they have recently accelerated in frequency, thanks in ...
If you do choose to pay with another app, watch out for these Venmo scams and CashApp scams ... from users on Facebook ...
If you suspect you've fallen for a digital payment app scam, contact the app and your financial institution immediately. There's no guarantee you can reclaim your stolen funds, but your bank may be ...
payment networks like Zelle to con people out of their money. If you fall victim to a Zelle scam, it can be more challenging to recover your lost money than if you were a victim of outright fraud.
Zelle in particular was called out by the US Consumer Financial Protection ... to assess whether your payment has elevated fraud or scam risk, or is an illegal, ineligible or improper payment.” ...
With less federal oversight, individuals have to be even more careful. Find out how to protect yourself from Zelle scams and what to do if you lose money. Zelle is easy to use. To send funds ...