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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.
10 Common Venmo Scams. Here are 10 common Venmo scams to watch out for: Money transfer scam. Friend scam. Money multiplier scam. Romance scam. Emergency call scam. Donation scam. Official scam ...
With Venmo, you don’t need to stick to bank account-powered transactions; you can use credit cards for a fee. It’s important to know that any form of payment carries risk, digital or otherwise.
When the credit card companies find out about that stolen cash, though, they’ll return it to the original card owner, leaving you on the hook for the amount you sent to the criminal.
He ended up buying gift cards to solve some issue that was raised by the person impersonating the credit union. The reason given and the amount requested weren't disclosed in the police report.
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