DON'T BE FOOLED 😡📢🆘

MOST COMMON SCAMS IN P2P!

🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨

🧾Fake Payment Proof or SMSScammers can digitally alter receipts to convince you that they have sent payment and trick you into giving them cryptocurrency. An example is the SMS scam in which criminals fake a text message to notify the victim that they have received a payment. How to avoid this scam: As a seller, you should only approve the transaction after verifying if the payment is already in your wallet or bank account.

😡Chargeback Fraud A bad actor can use a chargeback feature on your chosen payment platform to reverse your payment upon receipt of your assets. In many cases, they try to pay through a third-party account. Some payment methods, such as checks and online wallets, allow for easier chargeback requests.How to avoid this scam: Do not accept payments from third-party accounts. If this happens, please file an appeal with the platform and initiate a refund to the buyer's account.

🤮 Incorrect Transfer As with chargeback fraud, a scammer may attempt to steal your assets by contacting your bank to report an erroneous transaction and request that it be reversed. Some scammers may even pressure you not to report the incident using scare tactics, such as warning you that selling cryptocurrency is illegal.

✨How to avoid this scam: Don't be intimidated by scare tactics. Systematically collect evidence, such as screenshots, of your correspondence and transaction with the criminal.