"Protecting Your Savings: The Dangers of Venmo, Zelle, and Cash App Scams"

1 min read
Source: New York Post
"Protecting Your Savings: The Dangers of Venmo, Zelle, and Cash App Scams"
Photo: New York Post
TL;DR Summary

Manhattan district attorney Alvin Bragg has demanded that companies improve the security of mobile payment apps like Venmo, Zelle, and Cash App to protect users from scams and thefts. He highlighted how unlocked devices can lead to financial disaster and personal harm, and outlined common fraud tactics such as phishing, spoofing, and device theft. The article also provides 10 tips to protect oneself from mobile payment fraud and outlines steps to take if scammed, including reporting to the app, contacting the bank or credit card issuer, and filing a complaint with the Federal Trade Commission.

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