BBB warns consumers of hackers posing as apps like PayPal and Venmo to steal your money

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Scammers are trying to impersonate these apps and trick you into giving them access to your bank account.

CLEVELAND, Ohio - These days, it is easier than ever to shop online using apps like PayPal or to send your friends money through Venmo.

“These scammers are very good at impersonating other companies, especially well-known companies,” explained McConnell. “Their communications look valid, but you need to really, if it’s an email that they’ve sent you take a close look at that email sender address, you may find that the company name is misspelled, or they’ve added some words or letters to it.”“He asked questions like, ‘Do you bank online?’ I go, ‘No.

“He called me back and he said, ‘Oh, why’d you hang up?’ You know, belittling me,” recalled Art. “So, I hung up again. This time, he called back, and he threatened me with the police, said he’d call the police. I said good I’ll have the coffee and donuts when they get here. Then I hung up the third time, it was supposedly his boss and then I said oh isn’t it funny your area code you called me the first time was from South Carolina. The second was from Florida and the third was California.

“When you get a communication like this, let’s say from PayPal, and they claim that you have just made a purchase of several $100, then your immediate reaction could be a little bit of panic, if you didn’t make that purchase, thinking that somebody may have hacked your account, or something is happening,” explained McConnell. “So, do not have a knee-jerk reaction like that.

 

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