Thursday, February 15, 2018

Cash Back Scam




Facebook users are circulating another round of unfounded warnings to be aware of cash back fraud at retail stores. Here is how the scam supposedly works: A customer purchases an item with a debit card, then the cashier selects cash back without the customer’s consent and pockets the money. This piece of fake news has been around since 2004 and Snopes has already debunked it. Snopes investigated multiple Walmart stores and reassures customers that “not one single case did we find a store with a checkout system that allowed cashiers to initiate cash back transactions . . . without any involvement, knowledge, or approval on the customer’s part.” Any story involving fraud is something to keep an eye out for, but it seems the cash back scam isn’t something anyone needs to worry about. [1 image, 1 link, 1 quotation, 134 words]


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