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You’re minimizing major fraud being committed by juveniles, and it’s easy money for them lol.
by hoofhearted 4y ago
You’re minimizing major fraud being committed by juveniles, and it’s easy money for them lol.
- lotsofpulp 4y agoIt is not fraud, it is theft. It has nothing to do with Cash app. It could just as well be Zelle, or PayPal, or Venmo, or physical cash.
- starkparker 4y agoZelle, PayPal, and Venmo have more in place to trace or recover illegal transactions, or at least to make creating and deleting accounts to move illegally acquired money more difficult. The link's whole thesis is that Cash App doesn't really care, which is why criminals prefer it. Being so radically frictionless for the underbanked also facilitates scams, including those that distinguish between theft and fraud.