By NyishaHv
2 years ago

"Money Flipping is a scam"

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For those of you that have access to social media, Twitter, Instagram, Facebook. You would have definitely come across something called "Money flipping". The truth is in reality no one in the street is going to give you £100 for 1,000£ for instance: it just wouldn't happen. Yet many people with financial problems, or people that are seeking more money even those who are vulnerable are falling for these scams.

The scammers wil usually ask for your bank details or they may ask you to deposit money via a source that cannot be tracked. Ultimately they will run with your money and you will never See it again. They use pictures and get associates to post fake comments on how "great" or "legit" the money flipping is.

Money flipping can be known as digitally changing the amount of money in some ones account or refers to giving a person more money than what they deposited to you. This is obscene, think about it or you may have to suffer the consequences.

And the saddest thing is reporting fraudelent things online can be a challenging thing to do when the scammer at the receiving end can fake identities, hide behind their screens, close accounts and such. So he vigilant and sensible when you see so-called "money flippers" online.

(By NyishaHv)

For further information please read this article written by someone with experience. http://www.dalerodgers.co.uk/instagram-money-flipping-scam-exposed-green-dot-moneypak/
2 years
ze2000 It's quite obvious
2 years
2 years
NyishaHv I think that if it was obvious in general then it wouldn't be so prevalent and so many people would not actually go through with it and trust in these people. It's like what I said those who are vulnerable would probably not realise what they are getting into. This is why fraudulent people are able to thrive. They target people with financial issues, or people that need more money and want a quick means of acquiring it.
2 years
2 years
NyishaHv And the thing is its not every instance where the representations of receiving the money are so poor. I've seen some videos that look pretty convincing and instances where it's done via the western union etc or where the fraudulent person actually seems genuine.
2 years
2 years
Smokey2017 To be honest social media
Causes too much unwanted hassle
Twitter facebook instagram
Too many arguments
2 years
339d
zowen legal
339d