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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.
The good news is that Venmo offers many safeguards to help keep your money safe. See: 3 Things You Must Do When Your Savings Reach $50,000 10 Common Venmo Scams
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.
The scam could also be hoping to gain access to your Amazon account or financial information by tricking you into entering your log-in credentials, credit card number, or other personal data like ...
We never ask for personal info, such as credit card numbers or passwords, in emails. However, from time to time, we'll ask you to update your recovery info after signing in. You'll also get a notification titled “Your AOL account information has changed” if any info in your account settings are updated.
People may try to take advantage of you or the technology, so you should educate yourself