New Internet SCAM ! Be cautious !!!

in #blog7 years ago

Is your money safe online

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Hello my name is Arthur Davis IV a 20 yrs old photographer.

Everything happens for a reason but this is truly an unfortunate event that I wish I didn't have to face. Being a photographer my equipment is my most prized position but as a “Son” my family is also my most prized possession. I’ve shot for known artist like ASAP Rocky / Beyoncé

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I made the decision to sell my prized position to help my loved ones. A few days before christmas i was targeted and victimized in a venmo scam. I am in the processes of writing and publishing a blog post on how to avoid situations like theses and how to be more aware of money fraud online. There will be a link in my discretion or in my bio that fully educates consumers how to protect their money.

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Venmo is a 25 million dollar company so I contacted them to see if they could assist me. After several emails were exchanged they explained to me that there was nothing they could do.
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Scams With Venmo
Con artists have learned that they can take advantage of this confusion. Just like with cashier’s check scams, they exploit your assumptions about how money moves: You think the payment is complete, so you give up whatever you’re selling.

The fact is that it takes several days for payments to be processed (for the money to move from a buyer’s bank account or card to Venmo). But payments appear to be instant. In most cases, they might as well be because there’s no fraud going on. Venmo tells you that you just got paid and shows a little plus sign that suggests the funds are in your account instantly.

In a typical Venmo scam, a “buyer” contacts you about something you’re selling on Craigslist.

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