Money App Alert: Fraudster Accidentally Sending You Money & Asking You To Return It

There’s a scam going around in which a fraudster claims to have accidentally sent money to your payment app and then asks you to return it. The problem is, the money they sent you may have come from a stolen credit card or hacked account. If you send the money back to the scammer, you could personally be on the hook for the money once the transaction is flagged as fraudulent. Zelle told News4 that if you get money sent to your account by mistake, don’t send it back to the sender unless you know them. Instead, they say to contact your bank, which may be able to help you return the payment. Venmo said to contact their support team, which can help reverse the payment. Cash App asks customers to use the Refund feature to send the payment back, without creating a new payment. Here are two more tips: treat these transactions like cash, because they are, and send a small amount of money as a test first and get confirmation that it was received.

Source: NBC Washington