Venmo, Zelle & Cash App Scams: How Your Money Disappears in One Click

Splitting a dinner bill with friends? Sending money fast with Venmo, Zelle, or Cash App? Millions of Americans use peer-to-peer (P2P) payment apps—but most don’t know one mistake or scam can drain your account instantly, with no way to get your money back. ⚠️ In this episode of Cons & Crimes, investigative journalist Deborah Sherman exposes the hidden risks of payment apps and shows you how to protect yourself. 📊 The reality: • 90 million+ people now use P2P apps like Venmo, Zelle, Cash App, Apple Pay & Google Pay • Once you hit Send, your money is gone—no cancellations, no refunds • Scammers exploit this by selling fake goods, then disappearing • Most apps say you’re on your own if you’re scammed 🛡️ How to Protect Yourself: ✔ Link a credit card, not your debit card—credit companies fight for your money ✔ Double-check phone numbers & emails before sending ✔ Don’t use apps for strangers or business transactions ✔ Change your Venmo settings to private ✔ Keep your app & device software up to date 👉 If you’ve been scammed, report it to the app, your bank, and the FTC. Don’t let convenience cost you your savings. Share this video to help protect your friends and family. 👍 Like, 💬 Comment, and 🔔 Subscribe for weekly scam-busting tips. #VenmoScam #ZelleScam #CashAppScam #StopScams