Also Known As A Money Circle A Cash Flipping Scam Is Designed To Take Money From Users Without Ever Giving Them A Return On Investment As A Rule If Anyone Makes A Financial Promise And Asks You To Send Them Money First It S A Scam Recogizing These Investment Scams Is Crucial For Protecting Your Finances One Red Flag Is The Promise Of High Returns With Little To No Risk A Common Characteristic Of Bitcoin Investment Scams Legitimate Investment Opportunities Do Not Guarantee Profits Especially In The Volatile World Of Cryptocurrency Be Wary Of Investment Offers You Receive Through Unsolicited Messages Or Comments Especially Those That Pressure You To Act Quickly Cash App Is A Mobile Payment And Money Transfer Service That Lets You Send And Receive Funds From Friends And Family Formerly Known As Square Cash The App Offers A Generous Referral Program That Rewards Both The Referrer And The Referred User With Free Money Whether You Re Looking To Pay Rent Or Reimbursing A Friend For Pizza The App Makes It Easy To Send And Receive Cash The Cash App Glitch Scam Is A Delusive Scheme That Has Gained Traction Among Fraudsters Looking To Exploit Unsuspecting Users This Scam Revolves Around The False Narrative Of A So Called Cash Cpp Glitch With This Scammers Claim They Can Obtain Free Money Instantly Cashappfridays Is A Real Cash Giveaway Promotion Run By Cash App But That Hasn T Stopped Scammers From Taking Advantage Of It Fake Cash App Accounts Will Use The Hashtag And Contact Users Claiming That They Ve Won The Giveaway But In Order To Claim Their Prize They Ll Need To Provide Payment Or Login Information Real Winners Of Cashappfridays Won T Ever Be Asked For Credentials Or Payment