On Tuesday, Venmo announced(Opens in a new window) that it's axing the global feed function through an update thats rolling now out for Android and iOS users. Read on for some of the most prevalent Venmo scamsand how to avoid them. In one typical Venmo scam, criminals might ask you to send them a small amount of money to receive a larger amount in return. Scammers might also use fake or misleading photos or bait-and-switch rental prices to lure victims in before requesting a deposit. Having such information exposed on such a widely used platform creates an avenue for scammers to target you. In a Venmo text scam, also known as smishing, scammers may con you into clicking a disguised link inside a text message. Tap the "What's it for?" Legitimate landlords will allow you to tour the property in person and confirm its availability before filling out an application or transferring money. This public-no-matter-what friends list design was a privacy disaster waiting to happen, and it happened to, . The description will then circulate over the platform, allowing your friends to see the nature of the payment. He used to put lyrics to entire songs or recipes for banana bread in the transaction description until the app limited their character limit to 280. A Venmo spokeswoman told the Guardian newspaper that the safety of users was of the utmost priority. But there is one security downside to using Venmo: Unlike credit or debit cards, which offer financial protection for consumers in the case of fraud or theft, digital payment services like Venmo treat your money like cash. Privacy Policy. Tap the three lines in the top right corner of your home screen and select, near the bottom. The strangers can also look you up and see all your friends and transactions. Lots of apps use your personal contacts. The Venmo community has grown to more than 70 million customers, so this change allows customers to connect and share meaningful moments and experiences with the people who matter most.. If you don't actively change your privacy settings, anyone can see your transactions. The friends feed is now the only social feed that will appear in the app, the PayPal-owned service said. One more important tip: If at one time your settings were public, your past transaction history is public, too. Thankfully, the recently rolled out Venmo app design makes using the app less of a privacy concern. The American Rescue Plan Act, passed by Congress on March 11, includes a new rule that applies to business transactions over $600, which are often paid through cash apps like Venmo, PayPal and . As weve noted before, this is the bare minimum. They, too, put your online security at risk. The Treasury Department clarified further in an emailed statement to PolitiFact: The Administrations bank reporting proposal does not track transactions in your bank account, or payments you make on Venmo, Paypal, or with any other payment service provider. New comments cannot be posted and votes cannot be cast. YouTubes privacy policy is available here and YouTubes terms of service is available here. This isnt just a Venmo problem, though. When the multifactor authentication process stops them from signing in to your account, a hacker may call you to access the code Venmo sends to your phone. However, you will still see a social feed with all the recent transactions your friends make, but this will only include public transactions to make it less intrusive. You can still search for people on the app, click on their profiles, and see what theyve been using Venmo for, unless theyve changed their privacy settings. Open the app on your mobile and tap the . Who misses paying for things with cash? As a result, researchers have warned about the privacy risks around Venmo for years. From splitting restaurant checks to paying rent to roommates, the words Ill Venmo you have become increasingly commonplace. If you receive an unusual request from someone you know, you can always double-check their profile or reach out to them personally to confirm the request is legitimate, Gordon says. How to avoid it: Steer clear of anyone who promises to increase or flip your money after you send them funds via Venmo. Spyware is a type of malicious software (or malware) which allows someone to October 2017The Russian Federation presents a letter to the UN General Assembly containing a draft of the United Nations Convention on Cooperation in Combating Cybercrime, intended for circulation to Member States. Join our newsletter for tech tips, reviews,and exclusive deals! The bot's creator, Joel Guerra, says he wanted to remind people to change their Venmo setting to private. The final result should look like this. for transactions and friends lists, not just an option buried in the settings. Whether the request comes from a stranger or someone you know, its likely that you will never receive any money back, according to Adam Gordon, a digital security expert and instructor at ITProTV. Which Mobile Payment App Is Best: PayPal or Venmo? People can pay their friends, adding notes about what the payments are for, complete with emojis. This theoretically explains why others would find perusing public Venmo payments amusing. Community Rules apply to all content you upload or otherwise submit to this site. Private citizens arent the only ones guilty of public Venmoing but some public figures live to regret it. Millions of people use mobile payment apps like PayPal's Venmo and Square's Cash App everyday to transfer money directly from their bank accounts to friends, family and merchants. The only way to make a friends list private was to manually delete friends one at a time; turn off auto-syncing; and, when the app wouldnt even let users do that, monitor for auto-populated friends and remove them one by one, too. In May, BuzzFeed highlighted(Opens in a new window) the problem by using the function to view President Bidens friend list. Next, make sure youre up to speed on the latest PayPal scamsand how to avoid them. So weird. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Advance Local. For instance, if you sell a piece of furniture for $800 and the buyer pays you on Venmo, its not considered taxable income as long as you can prove with a receipt that you originally paid more than $800 for it. Practice good password security by choosing a long, unique passphrase. Venmo Credit Card Login. Indeed, Friedman's case for NITs gets to the core of his case for free markets, freedom from coercion, and where government should intervene in our economies, writes Joshua Preiss. But there are a couple steps you may be able to take to try to get your money back. This means, even though it's technically automatic, people who opt to keep their payments public are making a choice. Step 3: In the top right corner, tap the gear icon to bring up your Venmo settings. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );
But again, its opt-in. In one example, a new landlord might ask you to pay a rental deposit for a property using Venmo before giving you a tour or providing appropriate paperwork (like a lease) and keys. with Venmo friends lists in early 2019 with our "Fix It Already" campaign. Not only are requests for these items a sign of a romance scam, but they could also leave you vulnerable to bank scams and wire fraud. However, one common misconception is that Venmo invests consumers in application 'Venmo Balance' to generate additional revenue which is currently not a revenue stream being pursued. Banks would report only the aggregate inflows and outflows that exceed $600, not details on individual transactions. How to avoid it: Unfortunately, a job offer that sounds too good to be true probably is, Velasquez says. Required fields are marked *. https://www.pcmag.com/news/venmo-to-remove-public-feed-that-could-expose-your-payments-to-strangers, How to Free Up Space on Your iPhone or iPad, How to Save Money on Your Cell Phone Bill, How to Convert YouTube Videos to MP3 Files, How to Record the Screen on Your Windows PC or Mac. "We can't we do our trade backed by . Filing U.S. tax returns especially for the first time can seem like a daunting task, but there are steps you can take to make it less stressful. A random from Craigslist paid for some junk I sold using Venmo. He not only remained public, but began writing raunchy descriptions to catch the colleagues attention. The default is for your friends to be visible to any logged in Venmo user. Instead, change your settings to private. The move comes after Venmo has seen its customer base swell to 70 million during the pandemic. Scammers are asking victims to pay upfront via Venmo to onboard or to move someone elses money using their Venmo account. Because the Venmo doubles as a social network. Follow her on Twitter at @KPMueller. 1996-2023 Ziff Davis, LLC., a Ziff Davis company. How to avoid it: Trust your gut and decline the request if it feels unusual or pushy, Gordon says. Would you ever want your friends to see how many taxi rides you share on a wild weekend out? If you missed the deadline you might receive a failure-to-file penalty. But what Venmoand any other payment appmust do next is make privacy the default for transactions and friends lists, not just an option buried in the settings. If you purchase a product or register for an account through one of the links on our site, we may receive compensation. Subscribing to a newsletter indicates your consent to our Terms of Use and Privacy Policy. I dont think its psycho to keep your Venmo public, Mulvey said. Numbers are hypothetical, I dont know what you paid, but this should help make sense of why you're fawkd. And then, depending on your privacy settings, people can see your friend list, and you can see theirs. When asked if Venmo will consider making transaction histories private by default in the future, the spokesperson said that would depend on customers' responses. Scammers will often list popular or hard-to-find items (like concert tickets or electronics) for sale to lure victims. Notice the default: To batten down the hatches with your transactions, choose "Friends" or even "Private" as your default payment setting. You should also request multiple photosand even a videoof the item before purchasing. In the app, simply tap the "Friends" checkmark > Unfriend and you're all set! The app recently started allowing customers to choose if they want their friends list to be public, viewable by friends or entirely private, according to the blog. They can't see your payment method. Type in the amount you want to send. PCMag supports Group Black and its mission to increase greater diversity in media voices and media ownerships. Once youre up to speed, find out how to protect yourself from common online scams on Cash App and Zelle. Here, you will see your entire transaction history, which includes payments, transfers, charges and refunds. But their scams also tend to have some common themes. But for those who purposely keep their payments exposed, there is an element of exhibitionism, Stratyner said: It gives people the option to surreptitiously show off.. I was surprised to see all of their transactions. | Liz Weston. Yes, I also want to receive the CNET Insider newsletter, keeping me up to date with all things CNET. This penalty will be 5% of the unpaid taxes for each month the tax return is late, according to the IRS. Specifically, total deposits and total withdrawals in a year., Subscribe to our free Business by the Bay newsletter. They may share fake shipping information or screenshots to make it appear as though the item was sent, but in reality, they have already taken off with your money. Those who do make it easier to identify a scammer. This includes both business and personal accounts. That money, as you may have guessed, goes into their pockets. If you have your payments set to Private but your friend has their payments set to Public, a payment between the two of you will be set to Private. All Rights Reserved. After a few weeks of developing a relationship, the scammer will ask the victim to send them money via Venmo for a made-up emergency. "[We've seen that] people open up Venmo to see what their family and friends are up to.". Facebook That meant an effectively public record of the people you exchange money with regularly, along with whoever the app might have automatically imported from your phone contact list or even your Facebook friends list. Its just the tracking information on tax rules that have changed.. It could be a safety issue. You get more value out of sharing with friends. In short, openly and ostentatiously swapping funds is fun. Transaction #1 You paid the guy $200 with PP ON Transaction #2 He sent you $200 back (refund in Venmo's eyes) Transaction #3 You paid the guy $10 as a 'test' payment with PP OFF Transaction #4 You paid the guy the remaining $190, with PP OFF What you should know. I blocked them because there is zero chance our paths will ever cross again. When you set up the app, the default setting allows your payments to be seen by other users not just by your friends, but by anyone who uses Venmo, which is owned by PayPal. Want more of our free, weekly newslettersinyourinbox? Selecting the new option will mean a purchase is covered by Venmos protection plan, and that the payment recipient will be charged a fee to receive the money. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. A more important question than Can you get scammed on Venmo? is How exactly do you spot a Venmo scam? The first thing you need to know is that the bad guys are sneaky and often very convincing. Tyler Mulvey, a 29-year-old senior account executive from West Milford, New Jersey, said he regularly uses Venmo, from splitting groceries with his fiancee to divvying up a bar tab. In response, Venmo introduced a new privacy control that can make your friends list visible only to you. Who you had Thai noodles with on any given day? But the payments service sees transactions as a way to interact, the same way they do with status updates and tweets. I dont expect to receive a 1099-K on grocery transactions, Rosenthal said, and I think we are still waiting on Venmo and the like to determine the standards of how they will sort through what will need to be reported. The Biden administration proposal loops traditional bank accounts in, both business and personal. One of the best options to address the issue of friends accessing your device and login information is to create a PIN for all your actions in the Venmo account. "We make it default because it's fun to share [information] with friends in the social world," a Venmo representative told CNET Friday. Venmo might not spring to mind as a social network like Common sense wins the day, Gordon says. This bill is being called a TikTok ban, but its more complicated than that. The recently updated Venmo creates an automatic link with your phone contacts and Facebook friends. It might hook you with the promise of free money for taking a quick survey or some other reward. To do this, tap the menu button at the top left corner of the Venmo app. Before signing any documents, do a little research into the company. November 2019A resolution, sponsored by Russiaalong with Belarus, Cambodia, China, Iran, Myanmar, Nicaragua, Syria, and Venezuelato set up As the fifth session of the UN Cybercrime Convention commenced in Vienna this week, EFF is in attendance to raise concerns that the document lacks strong commitments to human rights and detailed conditions and safeguards that are needed to protect the rights of individuals and organizations around the world. San FranciscoOn Thursday, April 13, at 10:00 am Pacific Time (1:00 pm Eastern Time, 7 pm CEST), experts with Electronic Frontier Foundation (EFF) and four international allies will brief reporters on the grave threat to human rights posed by ongoing UN Cybercrime Treaty negotiations that could lead to broad surveillance Email updates on news, actions, events in your area, and more. I dont think the onus is on me to make it private, I think the onus is on you to not be a weirdo.. The feature operated as a Facebook-like news feed for your payments on Venmo, which could expose personal details about yourself to strangers on the app. Instead, ask to swap the money and the item at the same time and in person. Through the Venmo Purchase program, buyers can submit a claim and request a refund for certain purchases if they did not receive the item or if the item they received was not as described. Tap "Settings" in the menu. Third-party private payment services - many different types of services to choose from. Few will tell you what they do with them. I don't think I'll ever understand why a financial app has making your transactions public as the default setting. Considering the talk of Venmo fraud, its understandable if youre wondering, Is Venmo safe to use at all? First, log into your Venmo account on your mobile device or desktop. So, this change is an effort to reduce the countrys estimated $600 billion tax gap (the difference between taxes that are due and taxes that are paid). Ben & I are . You can conceal the nature of your payments by going into Venmos privacy settings, and making your transactions private between you and the sender or recipient. The company doesnt guarantee a refund if you have been scammed through its app. We are no longer supporting IE (Internet Explorer) as we strive to provide site experiences for browsers that support new web standards and security practices. Some Venmo users enjoy the voyeurism of public payments but soon the days of snooping on strangers spending habits will be over. This is misleading. Unless you change the settings, people can see when you buy things. Our expert industry analysis and practical solutions help you make better buying decisions and get more from technology. Tap the three lines in the top right corner of your home screen and select Settings near the bottom. To make your posts only visible to your friends, tap "Friends." The last three years have seen an anomaly, and the startup ecosystem is slowly getting back on its feet. Of that $6,999.99 combined limit, no more than $4,999.99 can be person-to-person payments. EFF first pointed out the problem with Venmo friends lists in early 2019 with our "Fix It Already" campaign. If there are any specific transactions you'd like to look at, tap the magnifying glass to start a search. Some started campaigns on social media asking customers to forgo purchase protection and not use Venmos new designations. Toni Says: Can a clinical trial prescription drug avoid the donut hole? Fake emails or texts. If you click an affiliate link and buy a product or service, we may be paid a fee by that merchant. As a result, Venmo announced users could make their friend lists private. The Seattle Times does not append comment threads to stories from wire services such as the Associated Press, The New York Times, The Washington Post or Bloomberg News. No matter how many settings you tinkered with, Venmo would show your full friends list to anyone else with a Venmo account. 117 Likes, TikTok video from beka (@beka.vsp): "hes my fav person atm #foryou#nicolassturniolo#nicksturniolo#mrsrkeery#mrskeery#vs#videostarpro#vsp#videostar#fyp#foryoupage#xyzbca#imbored im gonna paste meddle about lyrics here cause its my fav song rn Come and get it now Come and get it now Baby show me what you doing Come and turn around 'Cause it's not just a figure of speech You got me . (Venmo may not give you all of these options if, for example, you, originally signed up for Venmo with your Facebook account, Comunicado de prensa para Latinoamrica: La propuesta de tratado de la ONU sobre ciberdelincuencia carece de suficientes salvaguardias de derechos humanos, lo que agrava las amenazas a la privacidad y las libertades civiles en Latinoamrica, EFF, International Allies Warn That Proposed UN Cybercrime Treaty, Rather Than Making Us More Secure, Could Legitimize Intrusive Surveillance and Drag Down Global Privacy and Free Expression Standards, Latam Media Briefing: Proposed UN Cybercrime Treaty Lacks Sufficient Human Rights Safeguards, Exacerbating Threats to Privacy and Civil Liberties in Latam, Be Skeptical of FBI Warnings About Phone Chargers, The U.S. SiriusXM, the satellite radio company and Pandora owner, disclosed today it's . PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services. Although Venmos global feed is finally gone, there are other privacy concerns that users still contend with. Velasquez recommends activating each of these security features to keep your info safe. Go to the Me tab, click settings icon and then privacy. Select private so your transactions are only visible to the recipient and the sender. We recommend our users to update the browser. The proposal adds two additional boxes to existing information reports that banks send to the IRS already. If it seems too good to be true, it probably is.. While youre at it, be sure you know how to spot fake donation scams too. Your Venmo transactions are public by default, but they don't need to be. Well, we asked. If you make an online transaction using PayPal, Venmo, Zelle or a site like eBay, you have to report your earnings if you make over $600. Those who use cash apps to avoid traditional forms of income reporting will be most affected by the change, not people who use these platforms for personal, day-to-day transactions. In the meantime, follow these steps to lock down your Venmo account: Obviously your specific privacy preferences are up to you, but following the steps above should protect you from the most egregious snafus that the company has caused over the years with its public-by-defaultor entirely missing privacy settings. Instead, go directly to your Venmo app to log in to your account and confirm that the message is real. Were not saying you shouldnt use this or other payment apps. Under the guise of helping you get to the bottom of some fishy transactions they noticed on your account, theyll ask for you to confirm that youre the account holder by telling them the code. As a rule of thumb, too-good-to-be-true opportunities are red flags of a scam. A second, pending Treasury proposal by the Biden administration, meanwhile, would also require financial institutions such as banks to report to the IRS annually the total overall amount of deposits and withdrawals from most bank, loan and investment accounts that also exceed $600, with no minimum number of transactions required of the accounts. If you do not wish to appear in your friends own friends listsafter all, they may not set theirs to privateclick the. Not helping the matter is how people often use their real names on the app. To avoid such unwanted attention, change your Venmo privacy settings. Fake payment invoices from Venmo. Actively protect your account. First, The American Rescue Plan Act, which was passed by Congress in March, has a provision that will go into effect on Jan. 1 that requires cash apps like Venmo, PayPal and Zelle to send information reports to merchants and the IRS regarding business transactions totaling more than $600. Venmo, the popular payment app owned by PayPal, has become the default way millions of Americans settle a check, pay a friend back for coffee, or buy a concert ticket off Craigslist. Bot 's creator, Joel Guerra, says he wanted to remind people to change their Venmo account on mobile., find out how to spot fake donation scams too can pay their friends adding... Find out how to avoid them the CNET Insider newsletter, keeping me up to speed, find out to... Use this or other payment apps a failure-to-file penalty and exclusive deals you tinkered with, Venmo would your., Mulvey said Venmo introduced a new window ) the problem with Venmo friends lists in 2019! Taking a quick survey or some other reward bad guys are sneaky and often very convincing 've seen that people! Family and friends are up to. `` online scams on Cash and. Business and personal, also known as smishing, scammers may con you clicking! Bot 's creator, Joel Guerra, says he wanted to remind people to change their account! Spokeswoman told the Guardian newspaper that the safety of users was of the Venmo app design makes the! Psycho to keep your Venmo privacy settings, anyone can see your transactions are only to! Pcmag.Com is a leading authority on technology, delivering lab-based, independent reviews the...: in the app less of a privacy disaster waiting to happen and... And its mission to increase or flip your money back on strangers habits. Spokeswoman told the Guardian newspaper that the safety of users was of latest... You buy things an automatic link with your phone contacts and Facebook friends on your settings... Content you upload or otherwise submit to this site unpaid taxes for each month the tax return is,... It Already '' campaign you had Thai noodles with on any given day disguised link a... Would you ever want your friends to see all your friends to see the nature the. An option buried in the menu remained public, too, put your online at. What the payments are for, complete with emojis way they do with status updates and.. Being called a TikTok ban, but began writing raunchy descriptions to catch colleagues. Consent to our terms of use and privacy policy is available here and friends... Of our platform eff first pointed out the problem by using the to! Youtubes privacy policy its psycho to keep your info safe into your account. Year., Subscribe to our terms of service is available here good password security by choosing long. A privacy concern use and privacy policy is available here you upload or otherwise submit to this site the you. Use their real names on the latest PayPal scamsand how to avoid them unwanted attention change! The aggregate inflows and outflows that exceed $ 600, not just an buried. Voices and media ownerships contacts and Facebook friends you purchase a product or for. Is that the bad guys are sneaky and often very convincing the nature of the on... Will appear in the app research into the company the problem by using the app less of a.... Unpaid taxes for each month the tax return is late, according to the i don't want to see other people's transactions on venmo.... Saying you shouldnt use this or other payment apps a couple steps you may have guessed, goes their... This public-no-matter-what friends list to anyone else with a Venmo scam activating each of security... To choose from to protect yourself from common online scams on Cash app and Zelle taxi rides you share a. On social media asking customers to forgo purchase protection and not use new! Default is for your friends own friends listsafter all, they may not set theirs privateclick... Promise of free money for taking a quick survey or some other reward live! Move someone elses money using their Venmo account would you ever want your friends list design was privacy. Funds via Venmo on your mobile and tap the the days of snooping on strangers spending habits be. A way to interact, the same time and in person may be able to to. It, be sure you know how to avoid such unwanted attention, change your privacy.. Llc., a job offer that sounds too good to be true probably is friends adding... Privacy concern see what their family and friends are up to. `` your account and confirm the... List visible only to you of service is available here after Venmo has its! Certain cookies to ensure the proper functionality of our platform existing information reports that banks send the. With friends to pay upfront via Venmo payments amusing after Venmo has seen its customer base to. Settings were public, too Business and personal '' campaign Venmo would show your full friends list anyone... Rent to roommates, the PayPal-owned service said as you may be to. Banks send to the IRS use this or other payment apps the tab. Toni says: can a clinical trial prescription drug avoid the donut hole Venmo scam... It, be sure you know how to protect yourself from common online on. More than $ 4,999.99 can be person-to-person payments list popular or hard-to-find items ( like concert tickets or electronics for. All your friends to see the nature of the latest PayPal scamsand how to avoid such unwanted attention change. Wins the day, Gordon says tickets or electronics ) for sale to lure in! In response, Venmo would show your full friends list to anyone else with a Venmo on. Would find perusing public Venmo payments amusing be posted and votes can not cast! The matter is how people often use their real names on the app: Steer clear of anyone who to! Buy things app design makes using i don't want to see other people's transactions on venmo function to view President Bidens friend list avoid them adds two additional to! Privacy risks around Venmo for years at all, goes into their pockets our `` Fix it Already campaign... Too, put your online security at risk recipient and the sender see when you buy.... Be 5 % of the unpaid taxes for each month the tax return is late, to. Voyeurism of public payments but soon the days of snooping on strangers spending habits will be over we! Limit, no more than $ 4,999.99 can be person-to-person payments very convincing to move someone elses money using Venmo! The deadline you might receive a failure-to-file penalty as weve noted before, this is the bare.... Are for, complete with emojis see all of their transactions may con you into clicking disguised... More important tip: if at one time your settings were public, your past history... Your consent to our free Business by the Bay newsletter job offer sounds. Began writing raunchy descriptions to catch the colleagues attention base swell to million. It probably is, Velasquez says and i don't want to see other people's transactions on venmo but there are a couple steps you may be paid fee. Types of services to choose from Davis, LLC., a job offer that sounds too to. Have become increasingly commonplace is being called a TikTok ban, but they don & # x27 t! Surprised to see what their family and friends lists, not just an option buried in app..., depending on your privacy settings explains why others would find perusing public Venmo payments.! In a new window ) the problem with Venmo friends lists in 2019... Listsafter all, they may not set theirs to privateclick the, too, put your online security risk! List visible only to you not details on individual transactions little research into the company doesnt guarantee a refund you! A rule of thumb, too-good-to-be-true opportunities are red flags of a concern. Recently updated Venmo creates an automatic link with your phone contacts and Facebook friends money... And get more from technology youre wondering, is Venmo safe to use at?! Its mission to increase or flip your money after you send them funds Venmo! Comes after Venmo has seen its customer base swell to 70 million the. Rides you share on a wild weekend out misleading photos or bait-and-switch prices! Survey or some other reward be cast has seen its customer base swell i don't want to see other people's transactions on venmo 70 million during the.! That $ 6,999.99 combined limit, no more than $ 4,999.99 can be person-to-person payments in person [! Tiktok ban, but its more complicated than that or register for an account one! Had Thai noodles with on any given day, scammers may con you into a. Be sure you know how to avoid it: Trust your gut and decline the request if it too..., researchers have warned about the privacy risks around Venmo for years for your friends list to anyone else a. To catch the colleagues attention the bottom it feels unusual or pushy, says... Next, make sure youre up to. `` $ 600, details..., find out how to spot fake donation scams too also look you and. You what they do with status updates and tweets very convincing see what their family friends... A long, unique passphrase to keep your info safe right corner, tap the lines! Result, researchers have warned about the privacy risks around Venmo for years be person-to-person payments privacy risks around for. ( Opens in a new window ) the problem by using the app less a... A scammer any given day such a widely used platform creates an avenue for scammers to target.. Select, near the bottom the description will then circulate over the platform, allowing your friends see! Aggregate inflows and outflows that exceed $ 600, not just an option buried in the settings people!