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How To Get Money Back From Venmo If Scammed

How to get money back from Venmo if scammed? We also know scammers as a fraudster, also guilty of performing fraudulent acts. Some scammers are wise and they know exactly what to say to gain your trust. Some individuals have made a career out of scamming others.

Scammers understand how the Venmo system works and know how to use the system to their satisfaction. Unfortunately, some innocent beings are to suffer the consequences. 

What do you do when you notice a scam on your Venmo account? Contact your bank immediately to explain what happened, also ask them if you can get a refund. Most banks usually repay the money to the victims if they’ve transferred money to someone because of a scam. 

There are chances where you might receive the money back after being scammed. What is required for you to do and whether you’ll get a refund depends on what happened. 

The standard procedure is to quickly send a return request to the account to which you sent funds and wait for them to send the money back. 

If you have refunded money to a scammer before. Venmo will reverse the transaction, and you will be on the hook for the funds. So the surest thing you can do is leave this money in your account.

Identifying Venmo Scammers

They can identify easily Venmo, especially since scammers can be charming and clever. There are little signifying signs that someone is ready to scam or take advantage of you. These ways include:-

  • Someone who goes over and beyond to appear trustworthy.
  • Stories that touch.
  • An offering of a generous financial incentive wisely.

Scammers always win by building trust within their victims and they always play on the intelligence of their victims after they have gained their trust.

If you are a victim of a scam, it’s important to note that Venmo rarely gets involved or offers any type of protection immediately. You should report fraudulent activity yourself to the company so they can warn other customers. 

You should take steps to protect your credit and finances always. Check your bank or credit card statements thoroughly more often for unauthorized transactions and then dispute these with your bank as discovered. Your bank or credit card company will immediately cancel the stolen card number and issue a new number instantly. 

If you provided a piece of confidential information like your Social Security number, always check your credit report to make sure no one has opened a new account in your name before. If you’ve been a victim of identity theft, report to the theft of the federal agency of trade immediately. 

How To Prevent Scams On Venmo

To fully protect yourself from a Venmo scammer, consider the following rules;

  • Setting up a two-factor authentication
  • When Venmo does not recognize the device accessing your account, it automatically sends a code to your phone or email address to verify the login before any further transaction. 
  • Do not always use Venmo to sell goods
  • When selling goods often, chances are may arise that you are dealing with people you don’t know. 

You don’t know their character, morals, or their intentions. So To safely buy and sell items online, except cash, or use a secure payment system like PayPal with the buyer to ensure protection.

  • Do not click on any link asking for personal information

If you have been receiving text or email messages asking for personal information and it appears to come from Venmo, please ignore that, as this is how scammers collect information on their victims—credit card numbers, bank account information, and also Social Security numbers. 

If you don’t know whether a message is valid or purposeful, just open a new web browser and access the company’s site. 

  • Do not let anyone use your phone accidentally. 

If a stranger duly approaches and asks to use your phone to send a text, do not give them your cell phone. Just hold your phone while the person explains why they want to use the phone or they can call the number they want to call and you call the number yourself. Use Venmo wisely. Venmo offers a fast, simple, and convenient way to transfer funds between parties. 

But they do not design the Venmo app to send money to people you don’t know. Take note. It is a peer-to-peer payment system for two trustees.

How To Get Money Back From Venmo If Scammed?

If on any means that you got scammed on Venmo, the best way to get your money back is to contact Venmo support and they will assist you on how to get your money back fast. They are many ways to contact them and get fast reply, we have explained that below.

How to report a Venmo scammer?

1. Through email and websites;- 

Forward any suspicious email and/or website to [email protected]. if you notice any suspicious activity on your Venom account, please endeavor to contact the Venmo support team and kindly Delete the email from your inbox. 

2. Through SMS or Text Message

Unfortunately, If you receive a text message with a link inviting you to visit a website, Don’t respond or click on any links inside of the SMS text message, 

Screenshot the message and make sure that the message shows the full telephone number. Thereafter, email the screenshot to [email protected]

3. Through Telephone Call

If you receive a suspicious telephone call, just take a screenshot of your phone log showing the telephone number and email the screenshot to [email protected].

Venmo users can create an account via mobile applications or through the website and provide their necessary basic information and bank account information. One must have a valid email address and an American mobile phone number to use Venmo wisely. I can find recipients of transactions via the phone number, their Venmo username, or their email addresses. 

Users that have a Venmo balance that is used for their various transactions. They can also link their bank accounts, credit cards, or their debit cards to their Venmo account; but alternatively, users can also order a Venmo MasterCard and pay through the master card together with a bank account or debit card is free, but payments via credit card have 3% fee for each transaction.

Some credit card providers may charge cash advance fees for Venmo payments more often if a user does not have enough funds in the account when making a transaction at the moment, it will automatically withdraw the funds from the registered bank account or card immediately. 

Will Venmo refund money if scammed?

Venmo will automatically hold back all money linked to the fraudulent activity. If you refund money to the scammer “before” Venmo reverses the transaction, you’re on the hook for the funds. So the best thing you can do is leave this money in your account.

READ MORE: How To Report Venmo Scammer

READ MORE: How Do I Know If My Venmo Payment Went Through?


In this article, you’ve learned how to get money back from Venmo if scammed. Use the comment box to drop your questions and don’t forget to share the article.

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