#P2PSafetyFirst P2P (peer-to-peer) scam, it typically involves deceptive or fraudulent activity during transactions on peer-to-peer platforms. Here are common types of P2P scams and how they work:

1. Overpayment Scam

How it works: A scammer sends more money than required (usually with a stolen card/account), then asks for the difference to be refunded. Later, the original payment is reversed, and you're left out of pocket.

Example: Selling an item on Facebook Marketplace, and the buyer sends $500 instead of $300 — then asks you to refund $200.

2. Fake Payment Confirmation

How it works: The scammer sends a fake screenshot or email of a payment being sent, but no money is actually transferred.

Common on: PayPal, Zelle, Venmo, Cash App.

3. Chargeback Fraud

How it works: The buyer pays you, receives the product or service, and then files a chargeback with their payment provider claiming they didn’t receive the item.

4. Phishing via P2P Requests

How it works: Scammers send a payment request with a note like “Complete your verification” or “Claim your prize,” tricking you into sending money or credentials.

5. Crypto P2P Fraud

How it works: On platforms like Binance P2P or LocalBitcoins, scammers send you fake bank payment screenshots or reverse transactions after receiving crypto.

Tips to Avoid P2P Scams:

Never refund overpayments without verifying the source.

Only use trusted platforms with strong buyer/seller protection.

Verify funds have cleared in your account before releasing goods or services.

Avoid third-party involvement in P2P trades.

Watch out for urgency tactics ("I need this ASAP", etc.).

If you’re facing a specific situation or need help with a possible scam, feel free to describe it, and I can help assess it.