Drop Your CashApp Tag Scam: 2023 How to Avoid Falling for It ✅

4.6/5 - (18 votes)

On the off chance that you ever received a message from someone on social media asking you to drop your Cashapp tag for a chance to win some money?

The ‘Drop Your CashApp Tag Scam’ works by posting on social media platforms to drop $Cashtag in the comments, pretending to give away free money. The scammers will reach out privately and ask to send them a small amount of money first in the promise to send you back more money than you sent them.

Drop Your CashApp Tag Scam

Once they receive your money, they disappear and you never hear from them again.

Important Takeaways

  • The ‘Drop Your Cashapp Tag’ scam is a common phishing scam that aims to steal your personal information and money.
  • it’s a common scam that has been making the rounds on social media platforms like Twitter, Instagram, and Facebook.
  • Scammers will ask you to share your Cash App tag in exchange for a chance to win money, then ask you to send them money to claim the prize.
  • To protect yourself, always verify the identity of the person who is asking for your Cash App tag and be cautious when sharing your personal information online.

What is the ‘Drop Your CashApp Tag Scam’?

The ‘Drop Your Cashapp Tag’ scam is a type of phishing scam that aims to steal your personal information and money. Scammers will ask you to share your Cash App tag in exchange for a chance to win money.

Once you share your Cash App tag, the scammer will send you a message claiming that you have won the prize. And to claim the prize, the scammer will ask you to send them a small amount of money first.

You must have seen this coming and Once you send the money, the scammer will disappear, leaving you with no prize and less money in your account.

How the ‘Drop Your Cashapp Tag’ Scam Works: Step-By-Step

Let me tell you, it’s important to be careful when someone randomly contacts you and asks for your Cashtag. Here’s how the scam works:

Step 1: Initial Contact

So, you’re scrolling through your social media feed and suddenly someone reaches out to you, asking you to drop your Cashapp tag in the comments. It seems harmless, right? But in reality, these scammers are lurking around and waiting for their next victim.

Step 2: Fake Promises

Once you drop your Cash App tag, these scammers will reach out to you and offer you a promise of free money.

They might say something like “Hey, I just won the lottery and I want to share my wealth with you.” Don’t fall for it, my friend. These promises are too good to be true, run for the hill.

Step 3: Money Requests

After gaining your trust, the scammers will then ask you to send them some money through Cashapp.

They might say something like “Hey, I need to pay for the clearance fee to cash out my lottery winnings, but I don’t have enough money. Can you lend me some, I will pay you back ASAP?” And if you do send them money, you won’t get anything in return.

How to Spot a ‘Drop Your Cashapp Tag’ Scam

Here are some things to look out for:

1. Unsolicited Messages

If you receive a message from someone you don’t know, asking you to drop your Cashapp tag for free money, it’s likely a scam.

Scammers often send unsolicited messages to people, hoping to trick them into giving away their personal information.

Don’t fall for it! If you didn’t initiate the conversation, don’t engage with the message.

2. Too Good to Be True Offers

If an offer seems too good to be true, it probably is.

The promise of winning large sums of money in exchange for dropping your Cashapp tag seems like a real nice deal, but they probably are fake.

They may say things like “Drop your tag and receive $100 instantly!” or “Drop your tag and win a free iPhone!” Don’t be fooled by these offers.

3. Urgency and Pressure

You will be bombarded with urgency and pressure tactics to get you to drop your Cashapp tag. They may say things like “This offer is only available for the next 5 minutes!” or “If you don’t drop your tag now, you’ll miss out on this amazing opportunity!”

Don’t let them pressure you into making a quick decision. Take your time and think it through before giving away your personal information.

How to Protect Yourself from ‘Drop Your Cashapp Tag’ Scam

Unfortunately, this scam has been fallen by many and can lead you to lose your hard-earned cash.

Here are some tips to protect yourself:

1. Never Share Personal Information

The first rule of online safety is to never share your personal information with strangers.

This includes your Cash App tag, your phone number, your email address, and your social security number.

2. Verify Before You Trust

They create fake profiles or impersonate real people to trick you into giving them your money.

Check their profile and look for signs that it might be fake, such as a lack of followers or a profile picture that looks too good to be true.

3. Report Suspicious Activity

This includes any unauthorized transactions, messages from strangers, or requests for your personal information.

Cash App has a reporting feature that allows you to report suspicious activity and get help from their support team. Don’t hesitate to use it if you think something is wrong.

Frequently Asked Questions

Is Drop Your Cashapp Tag Scheme Real?

No, it’s not real. It’s a scam that tries to trick you into giving away your Cash App login information. Don’t fall for it!

What can someone do with your Cash App tag?

Someone can use your Cash App tag to send you money, but they can’t do anything else with it. They can’t access your account or steal your money.

Can someone scam you on Cash App by sending you money?

Yes, they can, but only if you fall for it. Scammers can send you money and then ask you to send it back to them, claiming it was a mistake. Once you send the money back, they will cancel the original payment, leaving you with nothing.

That doesn’t mean there are no genuine mistakes, but in most cases, they come with ulterior motives prying on people’s kindness.

I got scammed on Cash App what do I do?

If you’ve been scammed on Cash App, you should report it to Cash App immediately.

You can do this by going to the app and selecting the “Profile” icon, then “Support,” and then “Something Else.” From there, you can report the scam and get help from Cash App.

Cash App scam Facebook?

Yes, scammers can use Facebook to try to scam you on Cash App. They may create fake profiles or use your personal information to try to trick you into giving away your login information.

Can someone hack your Cash App with your email?

No, they can’t. Your email is only used to log in to your account and receive notifications. It’s not connected to your account in any other way.

Why would someone want a screenshot of my Cash App?

Scammers may ask for a screenshot of your Cash App to try to trick you into giving away your login information. Don’t fall for it! Never give away your login information to anyone.

More Cash App Scam Types

Laurens Yarpei

Hi! I'm Laurens Yarpei, your go-to fintech expert with a passion for Cash App. Laurens graduated from the Adelphi University and the website has been Featured in Tribune, Republic World, Guardian NG, Zee News, Outlook, reaching financial independence at the age of 20s. He writes about personal finance, P2P Apps, investing, entrepreneurship, and mindfulness. Twitter, Facebook, YouTube , Pinterest. Linkedin

Recent Posts