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Fraudsters and thieves are using Cash App to steal people's money, raising questions about how secure this contactless payment app really is. The post 5 Common Cash App Scams and How to Avoid Them ...
Cash App “Prize” Scam. Another type of random deposit scam on Cash App involves someone sending you a small amount of money, then contacting you to tell you the deposit is because you won a prize.
Several people have contacted the ABC7 I-Team, saying they thought they were speaking to a customer service agent for Cash App but ended up losing hundreds of dollars to scammers.
• 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.
Search the name along with the words “scam” or “complaint” to find out if others had negative experiences. Check BBB Scam Tracker to see if anyone else has filed a report about the company.
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.
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