A brief conversational transcript in which Speaker B asks whether receiving money on Venmo and being asked to return it is legitimate. Speaker A explains it's a scam: scammers send money from a stolen credit card, request the recipient return the funds, and after the card is reported stolen the original transfer is reversed leaving the recipient liable. The recommendation is to ignore unexpected payments from unknown people.
Excuse me? Someone accidentally sent me money through Venmo, and they want me to send it back. Is that legit?
No, no, that's not legit. That's a scam. Here's how it works. The scammer sends you money, apologizes and asks you to send it back. That money they sent you is from a stolen credit card. And they'll give you some lame sob story about how it was an accident, hoping that you'll send the money back quickly. If you send them money, it'll come out of your bank account. And once that stolen credit card that they used is reported stolen, that accidental payment, well, it won't be there anymore and you'll be out of luck. So if anyone you don't know sends you money, it's best just to ignore it.
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