Categories: Tech

Watch out for this Zelle imposter scam on Facebook Marketplace

You’ve heard all the horror stories of people getting scammed trying to buy products on Facebook Marketplace. Now it is happening to sellers. Some people who use Facebook Marketplace have fallen victim to a wicked Zelle scam while trying to innocently sell items on the site to make some extra cash.

A recent study from BeenVerified found that in the past year, scams on Facebook Marketplace have increased by 184%. If you think that’s bad, Zelle also had an increase in their scams by 86%.

‘ZUCK BUCKS 2.0’: ZUCKERBERG-FUNDED GROUP PUSHING MILLIONS TO INFLUENCE LOCAL ELECTION OFFICES, REPORT SAYS

How this scam works on Facebook Marketplace

The Zelle imposter scam happening on Facebook Marketplace specifically is connected to phishing emails pretending to be Zelle. The scammers are aiming to trick buyers on the site into responding to these phishing emails impersonating Zelle.

They will start by reaching out to a seller and asking if they can pay for a product using Zelle. 

Video

Since Zelle has grown in popularity over the years to transfer money fast, most people accept this agreement. However, the scammer will repeatedly ask if the seller has received the payment once they’ve “sent” it. 

When the seller doesn’t receive any Zelle notification, the scammer will ask the seller to check their spam folder. Lo and behold, there’s a fake Zelle email disguised as a legit Zelle notification waiting in the seller’s spam folder just for them to open it and get hacked.

EMAILS SHOW CDC HAD ‘SIGNIFICANT INFLUENCE’ ON COVID POLICIES AT FACEBOOK, WORKED TO ‘SILENCE’ VACCINE DISSENT

Scammers are looking for victims on Facebook Marketplace.
(Fox News, File)

How can I prevent this from happening to me?

There are a few things you should always be on the lookout for to avoid falling for a social media scam:

  • Avoid accepting payments from services like Venmo, Zelle and Cash App: although they are convenient, these services just don’t have the same protections that services like Facebook Checkout and PayPal do
  • If someone is asking for personal information, it’s a scam: don’t ever give out your private information to someone you’ve never met online, whether it’s a phone number, address, banking information, etc.
  • Do not accept gift card payment: if someone is asking to pay for an item via a Visa, American Express or any other kind of gift card, it’s likely a scam
  • Do not pay money in advance: if someone online is asking you to pay money in advance to hold an item for them, it’s a scam
  • Always check the email address: if you’re receiving a notification from a site that looks like Zelle, it should not have any kind of personal email address attached to it, like Gmail or Yahoo
  • Look for red flags: such as spelling and grammar mistakes
  • Don’t click any suspicious links: if you do accidentally open a spam email from one of these hackers, do not click on any of the links within the email as it could hack into your private information. Protect yourself from accidentally clicking malicious links by running antivirus software on your device. See my expert review of the best antivirus protection for your Windows, Mac, Android & iOS devices by searching ‘Best Antivirus’ at CyberGuy.com by heading to my site at CyberGuy.com/LockUpYourTech

HOW TO CHANGE YOUR FACEBOOK PASSWORD

Here’s how to avoid being scammed by a Zelle impostor.
(Thiago Prudencio/SOPA Images/LightRocket via Getty Images, File)

Additionally, be wary of deals that seem too good to be true and always thoroughly research the seller before making a purchase.

Have you or someone you know been scammed using Facebook Marketplace? Tell us what happened. We’d love to hear from you.

CLICK HERE TO GET THE FOX NEWS APP

For more of my tips, subscribe to my free CyberGuy Report Newsletter by clicking the “Free newsletter” link at the top of my website.

Copyright 2023 CyberGuy.com.  All rights reserved.  CyberGuy.com articles and content may contain affiliate links that earn a commission when purchases are made.

Share

Recent Posts

Second US Navy fighter jet narrowly avoided being shot down in ‘friendly fire’ incident: source

close Video Fox News Flash top headlines for December 24 Fox News Flash top headlines…

53 minutes ago

Iran recruiting children to attack Israeli targets across Europe amid setbacks: report

close Video Keane: Iran knows it's very vulnerable Fox News senior strategic analyst Gen. Jack…

5 hours ago

Trump announces model and philanthropist Somers Farkas, auto giant John Arrigo for ambassadorships

President-elect Trump has nominated Somers Farkas and John Arrigo for ambassadorships. If confirmed, Arrigo, Arrigo,…

5 hours ago

Sanctuary city New York pressured to make drastic change after illegal migrant allegedly burns woman alive

close Video Critics speculate why bystanders failed to save woman burning on NYC subway: 'Daniel…

7 hours ago

Biden’s rationale behind Christmas present for death row killers foggy at best: expert

close Video Biden ripped for death row pardons: 'Morally bankrupt' Fox News contributor Karl Rove…

7 hours ago

Idaho murders: Bryan Kohberger investigated for another home invasion prior to campus slayings

close Video Bryan Kohberger can face death penalty if convicted in students' murders, judge rules…

7 hours ago