Don’t fall for this digital wallet scam through Venmo, PayPal or Apple Pay

Everybody could use some extra cash in their pocket. While this website can help you save on groceries, it won’t make money magically appear in your bank account. However, some lucky people have been fortunate enough to be blessed with $500 from a stranger.

It turns out that it was by mistake, and the sender now wants the money returned. Before you send the money back, there is one critical thing you must know.

Read on to learn about a clever new scam making the rounds and what you need to outsmart it.

Here’s the backstory

Sending digital payments to friends and family is made easy by tools like Venmo, Zelle and Apple Pay. When you meet a friend for dinner, one person can pay the check, and the other can send them their part through one of these digital wallets.

If you do use a digital payment tool, be careful. The Better Business Bureau (BBB) says you must be aware of a clever twist to an old scam. Here’s what’s happening.

Strangers are randomly sending people money through apps like Venmo. Once you receive money through the app, you’ll get a message from the sender apologizing and saying it was sent by mistake. They then ask you to send the money back.

But here’s where the scam comes into play. The thief sent you payment through a digital wallet using a stolen credit card. They then remove the…

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