Zelle ranks second on the fastest-growing scam list, with complaints of fraud soaring by 86% from 2021 to 2022. PayPal also received a growing amount of scam reports, increasing by nearly a third this year.
“I think it’s been on the rise because more and more people are using these types of apps, because it’s an instant transfer of funds,” said Julianne Ohlander, a data analyst who worked the study. She also attributed the rise of fraud on payment apps to people’s trust in banking institutions, which lends them to believe any perceived communication from the bank.
Some fraudsters post their listing for a property on the online marketplace and request fake application fees or security deposits from users through Zelle or PayPal. Another popular scheme on the social network involved criminals asking users for their phone number and six-digit verification code to gain access to their Google account.
That’s no joke. Have you ever see Sandra Davis don’t let her get in. She had big-time sad she gonna go to prison for do you know what you did to me in a veteran of the United States Navy stupid people don’t care anymore.
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