We’ve got some facts about Zelle Scams, Zelle fraud in 2022. We’re here with Lynn Larson to share this newest twist on current Zelle scams. Plus, she’ll do a quick review of some of the other ways Zelle scams are perpetrated.

As Zelle accounts become more popular, crooks looking to get their hands on your money are getting more innovative and creative. In this episode we discuss yet another innovation criminals are using to defraud ordinary citizens of their hard-earned money. They are doing this using Zelle.

Zelle payments or payments made using the Zelle app are sometimes referred to as Instant Payments or Real Time payments. Although many sign up for Zelle through their bank, the bank does not have ultimate responsibility for these accounts. This has led to a lot of heartache and complaints when there was a fraud or scam perpetrated using a Zelle account.

Don’t let the Zelle dream turn into a Zelle nightmare, because you fell for one of the many Zelle scams. In this episode we review a number of ways crooks are scamming ordinary citizens who just happen to be Zelle users. This handy payment app makes it easy totransfer money from person to person simply by using an app on your phone. But without the proper care and controls, the app can become a nightmare. We take a look at some safety precautions every Zelle user should take to ensure they don’t get Zelle scammed. Stick around until the end when we share an often-overlooked Zelle safety precaution.

Listen to Lynn Larson’s longer explanation of Zelle Fraudshttps://youtu.be/L02mUitjsKc

Guest: Lynn Larson (recharged-education.com)

Host: Mary Schaeffer (www.ap-now.com)