Beware of Venmo Scams Targeting Users via Text Messages

guest · Sep 18, 2019

Beware of Venmo Scams Targeting Users via Text Messages
September 17, 2019
https://www.bleepingcomputer.com/ne...enmo-scams-targeting-users-via-text-messages/

A local police department in the U.S. are warning of a wave of phishing scams targeting users Venmo mobile payment service with text messages that direct to a fake website.
Smishing Venmo users
Crooks use text messages to deliver links to a fake website that collects personal and banking information. The message informs the potential victim that their Venmo account will be charged unless they decline the operation. Phishing over SMS messages is also known as smishing.

Even if the credentials are incorrect, the fake login process continues to a step where users are asked to verify themselves by typing in the number for the payment card along with additional personal and financial information.
A post on Facebook from Dighton PD says that the fraudulent page "uses the same colors and fonts as the Venmo app," to avoid raising any suspicions.
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Beware of Venmo Scams Targeting Users via Text Messages

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