"Rising Fraud Threat: Cash Apps Under Fire for Draining Bank Accounts"

TL;DR Summary
The Better Business Bureau warns that payment apps like Venmo, Zelle, and Cash App are leaving users vulnerable to fraud, with criminals exploiting the accessibility of these apps to steal money. Users are advised to be cautious about who they pay and the amount of the transaction, to use strong passwords on their phones, and to watch out for red flags such as requests for quick debt payments or assistance through payment apps, which are likely scams.
- BBB warns about payment apps leaving users vulnerable to fraud WTVG
- Venmo, Zelle, and Cash App are being used to drain bank accounts, says DA BGR
- More people losing money on cash apps than ever before ConsumerAffairs
- Fraud Concerns Leave Consumers Skeptical of Payment Apps PYMNTS.com
- Manhattan DA Alvin Bragg calls for cash apps to crack down on fraudsters Fox Business
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