5 Money Scams Beyond Facebook

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If you have a Facebook account, then you’re a target for scammers who use social media to prowl for their next victims. The platform is well aware of this unsavory element’s presence in its midst, and it’s warning users to watch out for common Facebook frauds like:

  • Lottery scams: Lottery scammers build Facebook pages that appear to be from a credible source, like a government agency or even Facebook itself. They inform their targets that they’ve won a big cash prize, but they have to pay an upfront fee to collect it.
  • Access token theft: Scammers pose as legitimate apps requesting access to your Facebook account or page.
  • Marketplace scams: Unlike eligible items purchased on Marketplace using checkout on Facebook, P2P local-pickup transactions aren’t covered by Purchase Protection. Many victims have reported losing money to scams that exploit this exception. 

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These are just a few of the many swindles plaguing the world’s largest social media network — but even if you don’t have an account, you can…

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