If a stranger sends you money on Venmo, the natural reaction is to wonder why. Most people assume that it’s a mistake. Unfortunately, most of the time, there isn’t anything accidental about it.
A popular Venmo scam starts with an accidental payment and is soon followed up with a message asking for the money to be returned.
If you’ve received such a payment, the last thing that you should do is worry about the sender. It turns out that giving money to strangers can be surprisingly profitable.
Why Is a Stranger Sending You Money?
The “accidental” payment scam is simple but effective. A criminal sends money to a stranger on Venmo. They then contact the stranger and ask for the money back.
They will claim to have sent the money by accident and will appeal to the victim’s sense of right and wrong. The victim won’t be able to refund…