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Financially Fit

Smart Spending

January 2022

Use Zelle or Venmo? If so, be careful of scammers!


In recent years, money transfer apps such as Zelle, Venmo and Cash App have become an increasingly popular way to transfer money. Whether you are trying to pay for your portion of an upcoming vacation, owe someone rent, or pay someone back for a meal at a restaurant, these apps have become the primary source for completing these transactions. But like anything else that involves finances, you are susceptible to falling victim to a scam if you aren’t aware of the schemes being utilized.

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