Person-to-person (P2P) fraud affects millions of people each year. The data from the Federal Trade Commission (FTC) Annual Sentinel Report highlights that total losses, through P2P and other payment channels, exceeded 2.7 billion dollars in economic losses in 2025. In light of the imminent transfer of responsibilities for such financial losses from consumers to banks and fintechs, both financial institutions and consumers must be vigilant in identifying and preventing potential fraudulent P2P transactions.

In this regard, they must be very careful when making transfers to supposed investors who engage in fraudulent advertisements for alleged investments. They should remember that P2P merchants do not have a mechanism to verify the accounts that send us money; we only receive the money and release the crypto, so please do not fall into traps.

Best practices for consumers:

🚀Send money only to people you know and trust.

🚀Treat P2P payments like cash; do not pay until you receive the product.

🚀Use bank fraud alerts.

🚀Optimize your security settings.

🚀Take your time and do not succumb to pressure.

Never send a payment to yourself.

🚀Protect your own personal information.

🚀Protect your passwords.

🚀Do not use public wifi.

🚀Do not trust supposed investors.