Beware of Crooks Using Cash App for Fraud

Cash App is a popular peer-to-peer payment app that allows users to send and receive money quickly and easily. However, this convenience has also made Cash App a target for fraudsters.

There are a number of different Cash App scams that fraudsters use to steal money from unsuspecting users. Some of the most common scams include:

• Fake Cash App support: Fraudsters will pose as Cash App customer service representatives and contact users via email or text message. They will then try to trick the users into providing their personal information or sending them money.
• Fake payments: Fraudsters will send users a fake payment notification, even though no money has actually been sent. They will then ask the users to send them money back, claiming that the original payment was a mistake.
• Phishing attacks: Fraudsters will send users emails or text messages that appear to be from Cash App. These emails or text messages will often contain links that, when clicked, will take users to a fake Cash App website. Once the users enter their personal information on the fake website, the fraudsters can steal it.

If you are using Cash App, it is important to be aware of these scams and take steps to protect yourself. Here are some tips:

• Never give out your personal information to anyone who contacts you claiming to be from Cash App.
• Beware of any payments that you did not authorize.
• Do not click on links in emails or text messages that you are not sure about.
• Keep your Cash App app up to date.
• Use a strong password for your Cash App account.

If you think that you have been scammed on Cash App, you should report it to Cash App immediately. You can also file a report with the Federal Trade Commission (FTC).

See Scam and Fraud Protection for 2023 for more information and make sure to Sign Up for our Scam Prevention Newsletter.