šØ P2P Scam Alert: Protect Yourself from Peer-to-Peer Payment Fraud! šØ
Scammers are getting smarterāand theyāre targeting popular peer-to-peer (P2P) payment apps like Zelle, Cash App, Venmo, and PayPal.
š How P2P Scams Work: Scammers trick you into sending them money under false pretensesālike posing as a buyer, pretending to be customer support, or even spoofing your bank. Once the payment is sent, itās nearly impossible to recover.
š Common Tactics:
Fake buyers offering to āoverpayā for goods.
Phishing texts/emails mimicking real banks or payment apps.
Scammers impersonating support reps and asking for login or payment details.
Urgent messages claiming your account is compromised.
š” Stay Safe Tips: ā
Only send money to people you know and trust. ā
Never share your PIN, password, or verification codes. ā
Be skeptical of āurgentā payment requests. ā
Contact your bank/app directlyānever trust a number or link from a message. ā
Enable extra security features like 2FA (two-factor authentication).
š« Once money is sent in a P2P app, thereās no guarantee youāll get it back.
š£ Spread the word and help others stay safe.
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