Scam artists are looking for new ways to trick you

It used to be that banks and credit card companies were the main targets for financial fraudsters.

Not anymore.

Now, digital payment providers like PayPal, Venmo, Cash App, and Zelle find themselves in the crosshairs of electronic data.

According to the latest Telephone fraud monitor reportAnd Zelle data fraud incidents are up 816% from 2021 to 2022. Meanwhile, PayPal data fraud incidents are up 31% over the same time period.

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