This alert may not be shared outside your organization, Do Not Repost or send, place on other websites, List servers, or send to others via email, including other associations or parties. Members and Law enforcement use only. Contact us for any permissions. To do otherwise will result in the loss of membership.
Complete Story
10/08/2021
Double-check every Venmo request, even if they seem to be from a friend or family member
South Bend Tribune
Venmo has become a popular and relatively safe way to quickly send money to friends and family members. Even the safest websites, though, can struggle with scam artists. When most people receive a request for money from a friend or family member, especially if it’s somebody very familiar, they’re usually inclined to help — but with Venmo scams on the rise, it would be wise to think twice before pressing the “send” button.
The scam can happen when someone receives a money request from a loved one via Venmo. There is usually a reason attached to the request as well – lost wallet, groceries, gas or another common or familiar reason. The account looks legitimate because it’s using the name and perhaps even a profile picture of the friend. But if you take a closer look, the account name will usually be a character or two off from the real account name.
Alerts
The FRPA alert system distinguishes us from other groups by gathering and providing information to law enforcement, retailers AND financial institutions.
more information
Resources
Your electronic library to help in fighting financial fraud for all of our partners.
more information