Yes, you can get scammed on Cash App Sugar Daddy Scam which usually involves sending fake funds to the victim’s Cash App or bank account. Cash App transfers are available instantaneously and reverse the transaction later if there is a problem (stolen card to fund the Cash App transfer).
The Sugar Baby or the victim is then ordered to send a gift card to her “sugar daddy” for appreciation’s sake. Once the gift card is redeemed, the scammer will block you and disappear along with the funds in your Cash App account as they are fraudulent and once they are figured out by the card owner, they will charge back leaving the victim losing money in the end.
Continue reading for the possible scenarios on how the scammer may try to scam victims all the while putting on the facade of a generous Sugar Daddy.
Whenever a platform rises in the user base that has some ability to transfer money online, there’s always a rise in the number of scammers trying to take advantage of novice users.
So, it’s no surprise with the recent spike in Cash App sugar daddy scams that could leave you in greater financial hardship and miserable.
The scammers are registering to be ‘sugar daddies’ with more novice and financially vulnerable users are being lured to signing up as ‘sugar babies.’
Cash App comes as a perfect intermediary for payments between the two parties with the fake Cash App sugar daddies preying on the vulnerable through a timeless con known as advance-fee fraud or commonly known as the ‘Nigerian prince’ scam.
“Money is important but Money is not everything. It’s not much more important than your physical health and emotional well-being—they are priceless.”—
Sugar Daddy Cash App Scams/ Sugar Daddy Cash App Names
- $Mister Man
- $Papi Shampoo
- $My Knight
- $Tight Butt
- $Graphic Sense
- $Sun Shine
- $Caretaker king
- $Nice Looker
- $Hat cave
The safest way to transfer money between Sugar Daddy and Sugar Babies is through third-party apps like Cash App as the transactions are instantaneous and cannot get a refund unless the other person sends it back.
The Sugar Baby knows about it and so does the scammer, hence they will try their best to avoid Payment apps and instead opt to go for Credit card payments which have many loopholes and ways to go around.
Here is a potential Scenario on how Cash App Sugar Daddy Scams may play out:
- Sugar Baby: Hey Daddy, could you pay my allowance on Cash App.
- Sugar Daddy: Sure. Can you send me your $Cashtag?
- Sugar Baby: Here it is $xxxxx
As mentioned above, the scammer will try their absolute best to move away from payment apps which are usually secure and safe.
- Baby, unfortunately, my Cash App account has reached its limit for the month. Can I pay by another method?
- I have trouble sending the funds. However, I can add the money directly to your Cash wallet. I just need your Cash App login credentials to fund your account.
They will absolutely try anything to avoid you using Cash App because they are hard to be used for scams.
>> Read: Are Cash App Money Flip Scam Real?
What is Cash App Nigerian Prince Scam?
Cash App Nigerian Prince Scam is an advance-fee scam where the scammer promises the victim huge shares of the money in facilitating the transfer of a sum of money, in return for a small up-front payment.
Of course, it is a scam and will drain your account dry.
Note that Cash App has no clearance fee of any sort.
Can you Get Scammed on Cash App Sugar Daddy?
It is quite possible to get scammed on Cash app from scammers acting as a Sugar Daddy. The scammers are offering to become their sugar daddy and trying to scam you by trying to convince you that they are going to pay your bills.
The scammer will then posed as a sugar daddy on social sites claiming to pay off their bills and buy expensive goods.
How does Cash App Sugar Daddy Scam work?
The scammer posing as a sugar daddy will usually offer an allowance to the victims having them agreed to one condition: the sugar baby has to do a favor first.
The most common being that after the funds are credited into your Cash App wallet, you need to transfer some of the money to their friend who is in need or some other excuse.
However, in reality, the funds never leave the scammer’s account and thus leaving the sugar baby to pay for their own money.
2nd Scenario of Cash App Sugar Daddy Scam
Another scenario of how the Cash App Sugar Daddy Scam works: The scammer finds their victim looking for a sugar daddy and gives time to nurtures a relationship. After some trust is built, the scammer will ask to pay off your credit card balance.
Too often, the victim usually agrees and asked for the victim’s credit card account credentials information and will then add some funds into the victim’s account from fraudulent accounts, appearing to have paid off the credit card debt for the time being.
After the initial step, the scammer will ask you to purchase gift cards (any gift card will do such as – Apple iTunes cards, Google Play cards, Walmart, or Target Gift cards) which are redeemable remotely.
In most cases, the victim will accept and buy the cards and send them the Gift Card codes to the scammer – still posing as a Sugar Daddy. (i mean you have to remember that someone just paid off their credit card debt).
If they fail to comply and do not buy the Gift card – send them the codes, they are usually threatened with blackmail.
This is where things take turn for the worse, the account that is used to pay off your credit card debt is fraudulent, and once the credit card company figures it out and catches on, the deposited funds and paid debt will disappear from your bank account, leaving you on the lost with the newly purchased gift cards entirely up to the victim balance.
According to the Business Insider investigation, they found that the scammers posing as sugar daddies were targetting and quick to exploit people’s isolation and financial vulnerability during the COVID- 19 lockdown.
Sugar Daddy Check Scam
These Cash App Sugar Daddy Scam or scam, in general, seems legitimate at the initial glance because there are actually tons of legitimate sugar daddies out there looking for a “sugar baby” to spoil.
If your new sugar Daddy sends you a fat check, that doesn’t mean she’s fake but that also doesn’t guarantee it is legit. A counterfeit check could land you in trouble.
Don’t get me wrong, maybe you are lucky and met a generous Sugar Daddy. Nonetheless, you need to be careful as even if you cash and check successfully, banks have the authority to recover those funds if they are found to be fraudulent.
Even if someone is offering you free money and claim to want nothing from you with no strings attached, you should still be skeptical and aware of it.
You just have to use some common sense. If it’s too good to be true, it probably is and Never give out your personal, credit card, or bank information to unknown people.
Just remember that nothing is ever free and be careful, practice safety precautions.