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The Venmo Text Scam Officials Want You To Know About

Venmo users, beware! Scammers are targeting you.

The scam involves text messages being sent to Venmo users that mimic the exact color and font scheme used by the official Venmo app.

Unsuspecting victims get texts saying saying that their accounts are going to be charged, and to cancel the withdrawal, they are to log into their accounts, according to officials.

The text allows users to sign and asks for financial information, to verify user identity. This is how they steal your information.

Officials say that if you have fallen victim to this scam, contact your financial institution immediately.

Venmo is owned by PayPal .

Do you have any have any information on this scam? Is there another scam you think we should cover? Leave a note in the comments. You can also contact us for more information! Feel free to shoot us an email to Outreach@ConsiderTheConsumer.com, find us on TwitterFacebookInstagramLinkedIn, or even connect with us directly on our website!

About the Author: Aisha K. Staggers is a writer, lecturer, political analyst and literary agent. She appears almost weekly for “Staggers State of Things” on the Dr. Vibe Show. Her work has been published by Paper Magazine, AfroPunk, The Spool, GREY Journal, MTV News, HuffPost, Blavity, Atlanta Blackstar, For Harriet, New York Review of Books and a host of other first-run publications and syndicated outlets. Find her on Twitter @AishaStaggers. For more of her work, check out her page here!

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