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Venmo scams: Protecting yourself from fraudsters

KSL TV SALT LAKE CITY – An email has been circulating, supposedly from the popular money transfer app, Venmo, that asks users for personal information. Sometimes, businesses do need to get ahold of us for legitimate reasons. At other times, it could be a fraudster sending a phished email, hoping to lure people into a scam – hook, line and sinker. So, how do you know which is which? She sent me an email saying that my account has been hacked, said Cameron Howell about his encounter with a criminal. Then she said she was going to send me a verification text with the confirmation code on it and then they were going to go from there so I wouldn t lose my money.

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Gephardt: New Venmo scam can drain your bank account

KSL TV SALT LAKE CITY – Many people use apps like Zelle or Venmo because they make it really convenient to share money between friends and family – and scammers know it. They re targeting people who use the apps and, in some cases, stealing their money. It happened to a Taylorsville man who was actively taking steps to prevent fraud. So how did he end up bamboozled out of more than $1,000? Cameron Howell is always suspicious about calls from numbers he doesn t know. So when he got a call from Venmo Support saying something fishy was going on with his account, he was suspicious from the get-go.

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