How Third-party Apps Can Scam Unauthorized Transactions | Understanding and Combating APP Fraud

Today I'm going to tell you about Third-party app fraud, also known as Authorized Push Payment (APP) fraud, which occurs when a scammer tricks a user into willingly transferring money to a fraudulent account, making it difficult to recover funds. These scams often involve impersonation, invoice scams, investment scams, or romance scams, where the fraudster creates a false sense of urgency or trust to pressure the victim into making a payment.
How Third-Party Apps Facilitate Fraud:

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