Scam Central: BBB Warns of Venmo Scam

BBB Scam Alert: Don't send money to fake friends on Venmo.

Posted: Aug 31, 2021 9:27 AM

When a friend or family members are stuck in a bad situation and urgently needing money, many don't hesitate to help out.

However, the Better Business Buruea says to double check before sending money to a friend in need.

How are scammers taking advantage of this feature?

Scammers are taking advantage of generous friends by changing their username and profile pictures to impersonate real app users.

Using the information visible in Venmo's public feed, they figure out from who this person had previously sent or received money.

They, scammers contact these users with requests for money.

How can we avoid this scam?

  • Double check with your friends before sending cash. If you get an unusual request, call or text your friend to confirm their story.
  • Keep transactions private. Some scammers use the information visible in Venmo's public feed to find targets
  • Use money transfer with friend: Protect yourself from scams by only using money transfer apps for their intended purpose--sending money to people you personally know
  • Enable additional security settings: Check your account settings to see if you can turn on additional security measure, such as multi-factor authentication, requiring a PIN, or using fingerprint recognition like Touch ID
  • Link your money transfer app to a credit card

For more information on the latest scams across the Tri-State and to find reliable businesses, head to BBB.org. 

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Sure, yesterday's passing cold front and lingering rainfall made for a cooler-than average, fall-like day across the Tri-State - today on the other hand, was a bit more summer-like. The core of high pressure flowing in behind that cold front has now settled to our east and is actively pumping southerly winds, more heat and gulf humidity back into the Ohio valley. As a result, temperatures pushed back into the mid 80s for the majority of the region; the added humidity even made it feel a few degrees hotter as well. As for the rest of the evening, conditions will remain dry with temperatures gradually falling from 80° around dinnertime into the mid to low 70s by 10PM. The combination of added cloud cover overnight and those aforementioned southerly winds will help keep temperatures mild tonight - we'll only dip as low as 67° early Friday morning in the River City.
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