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Consumer Alert: Better Business Bureau warns consumers about Cash App scams

Written by on October 19, 2020

HONOLULU (KHON2) – Utilizing Money App generally is a handy approach to ship and obtain cash along with your telephone. Nevertheless, the Higher Enterprise Bureau says it’s changing into a straightforward approach for con artists to money out on sufferer’s financial savings.

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One sufferer advised the BBB {that a} scammer posed as a Money App tech assist worker and was tricked into sending cash for pretend software program.

“They’re pretending to be this firm they usually’re not,” mentioned Roseann Freitas, Hawaii Higher Enterprise Bureau Market Supervisor. “So that you’re getting these messages about this and now you’re going into your account, you’re giving them that data on learn how to entry your account. Now they will take all your cash that you’ve got there.”

Money App says they are going to by no means ask for consumer’s pin numbers or sign-in codes. The app can even by no means require consumer’s to ship a cost or obtain apps for distant entry to their accounts.

One other sufferer advised the BBB they tried to purchase tickets from a pretend vendor who claimed to solely settle for Money App funds.

“Double verify earlier than you ship any cash. Be sure that’s actually the place you’re presupposed to be sending it.”

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