Venmo Text Message Scam 2021 - Accidential Payment

Advertisement

Venmo users are asked to be careful of text message scams claiming a payment was a mistake and they should send it back. Venmo users who have received text messages that claim a payment was accidentally sent, should wait a few days and should not send the money back, or deposit it into their own accounts. This is because banks may come back to you to get the money that was originally taken from a stolen credit card. Also, you may contact Venmo support to verify if the message is a scam or not.

Venmo Text Message Scam 2021 - Accidential Payment
Advertisement

How the Venmo Text Message Scam Works

Scammers connect stolen credit cards to Venmo digital wallet and use it to send stolen money to potential victims of Venmo. The scammers will then contact the potential victims and claim the payment was a mistake or accidentally sent. The scammers will the remove the stolen credit card from their account and add their linked bank account, which will receive the money if the potential victims decide to send back the so-called accidental payment.

The Venmo text message scam is a clever move by these scammers/cybercriminals. They have found a way of moving money from stolen credit cards to cash.

Check the comment section below for additional information, share what you know, or ask a question about this article by leaving a comment below. And, to quickly find answers to your questions, use our search Search engine.

Note: Some of the information in samples on this website may have been impersonated or spoofed.
Would you share this article with others?  +

DonateHelp maintain Online Threat Alerts (OTA).

Comments, Questions, Answers, or Reviews

There are no comments as yet, please leave one below or revisit.

To protect your privacy, please do not post or remove sensitive information in or from your comments, questions, or reviews.

Write Your Comment, Question, Answer, or Review

NB: We will use your IP address to display your approximate location to other users.

Your post will be set as an anonymous because you are not signed in. Anonymous posts cannot be edited or deleted. Sign-in.

Recommendation / Advertisement
Venmo Text Message Scam 2021 - Accidential Payment