Zelle scams on facebook marketplace How Zelle Scams on Facebook Marketplace Work Scammers on Facebook Marketplace often pose as legitimate buyers or sellers and use Zelle to carry out their scams. Here are some common ways they operate: 1. Advance Payment Scam: A scammer poses as a buyer and sends you a message saying they want to purchase your item. They then send you a fake payment confirmation email or screenshot, claiming they've already paid you via Zelle. The scammer will then ask you to ship the item before you've received the payment in your bank account. Once you've shipped the item, you'll find out that the payment was never sent, and you've lost your item. 2. Overpayment Scam: A scammer poses as a buyer and sends you a payment that's more than the agreed-upon price. They then ask you to refund the excess amount via Zelle. However, the initial payment was fraudulent, and your bank account will be charged back, leaving you out of pocket for the refunded amount. 3. Seller Account Takeover Scam: Scammers can take over a seller's Facebook account and change their payment information to a Zelle account controlled by the scammer. When a buyer sends payment, the scammer receives it instead of the legitimate seller. Red Flags to Watch Out For Here are some red flags to watch out for when using Zelle on Facebook Marketplace: 3. Overpayment: If a buyer overpays you and asks for a refund, be cautious. This is a common scam where the initial payment is fraudulent. 4. Unsolicited messages: If you receive unsolicited messages from buyers or sellers, be cautious. Scammers often send mass messages to potential victims. Tips to Protect Yourself Here are some tips to protect yourself when using Zelle on Facebook Marketplace: 1. Only use Zelle with people you know and trust: Zelle is not designed for transactions with strangers. 2. Never share your Zelle login information: Scammers can use your login information to take over your account and steal your money. Zelle is a popular peer-to-peer payment app that allows users to send and receive money directly from their bank accounts. However, scammers have been increasingly using Zelle to target victims on Facebook Marketplace, a platform where people buy and sell goods. This text will provide an in-depth analysis of Zelle scams on Facebook Marketplace, including how they work, red flags to watch out for, and tips to protect yourself. How Zelle Scams on Facebook Marketplace Work Scammers on Facebook Marketplace often pose as legitimate buyers or sellers and use Zelle to carry out their scams. Here are some common ways they operate: 1. Advance Payment Scam: A scammer poses as a buyer and sends you a message saying they want to purchase your item. They then send you a fake payment confirmation email or screenshot, claiming they've already paid you via Zelle. The scammer will then ask you to ship the item before you've received the payment in your bank account. Once you've shipped the item, you'll find out that the payment was never sent, and you've lost your item.