Zelle Scams Are on The Rise: A Look at a Recent Attempt

Zelle Scams Are on The Rise: A Look at a Recent Attempt

It is common these days to sell items we no longer need on online marketplaces such as Craigslist and Facebook Marketplace. It’s easy, local and usually fast. The process is further simplified through the use of peer-to-peer (P2P) payment methods such as Venmo, PayPal and Zelle. However, this ease to buy and sell can attract fraudsters looking to make a quick buck. I personally use Facebook Marketplace frequently and when I recently sold my treadmill, I experienced a scam attempt firsthand.

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