Scammers are using mobile payment apps to steal your money and financial information.   Jason Horton, with the Oregon Division of Financial Regulation, said in one scam they send you money, then claim it's an accident and ask you to return the money.

 

"Generally, they have used a stolen bank account or credit card to send that money, and when you send it back they have your information," Horton said.

 

In another scam,, he added, scammers claim to be a representative from apps like Venmo, Cash App, Zelle, or PayPal.

 

"When they impersonate a customer service rep they'll call or text," Horton said.  "Don't ever give them the verification code that was sent to your phone, don't ever share your password, because none of these companies will ever ask for that information."

 

Horton added these scammers may also pretend to be someone you know.  If you don't make the first contact, or know the money is coming, it's probably a scam.  Oregon DFR has consumer advocates who can help if you do get scammed.

 

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