VENMO and Cash App users are being warned about a scam where strangers send you money “by accident” to later request it back.
If you fall for it and you return the money, you’re sending your own cash and not theirs.
This is because scammers are creating profiles with stolen credit cards, meaning the funds will be marked as fraudulent and eventually removed from your account, according to Better Business Bureau (BBB).
However, if you send the money back to the scammer, they will delete the stolen credit card from their account and add their own instead.
In other words, the cash you’re sending will go to their personal account, and you’ll be the only one with a drained bank account.
BBB first warned about the scam in April last year, but it’s now doing the rounds again on social media and payment apps.
Last week, TikTok user Jeaniiemarie said she received a message from a Cash App user who’d “accidentally” paid her $300 and asked for it back.
However, he didn’t as the TikTok user had come across the warnings.
She said: “Thank you to the person who made this video, you saved me from…