Beware of the Latest Venmo Scam: Stay Safe with These Tips
Beware of the Latest Venmo Scam: Stay Safe with These Tips
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In this episode, Hunter Brockway, founder of Boca Retirement Strategies, warns about a new scam involving Venmo and similar instant electronic payment platforms. He explains how scammers trick users into returning money by pretending to have sent it by mistake.
Brockway shares key steps to protect yourself from falling victim to these types of scams, such as verifying unexpected transactions with suspicion and working directly with Venmo for reversing payments.
Additionally, he invites viewers to subscribe for more updates and introduces a new retirement mastermind group called Retirementality, designed to help retirees solve common problems by working together.
00:00 Introduction to the New Venmo Scam 00:25 How the Venmo Scam Works 01:21 Consequences of Falling for the Scam 01:35 Steps to Protect Yourself 02:12 Additional Tips and Pro Advice 02:30 Conclusion and Contact Information 02:42 Introducing Retirementality Mastermind Group
#money #personalfinance #scams
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