Better Business Bureau of Southern Arizona is warning consumers and business owners of multiple scams involving the use of Green Dot MoneyPak cards. Different versions of this scam are targeting consumers across the country.
Green Dot MoneyPak cards themselves are legitimate products when used for the right purposes. Once purchased at a participating retailer with cash, consumers can use MoneyPaks to reload other prepaid cards, add money to a PayPal account without using a bank account, or make same-day payments to major companies. Because the cards can only be bought with cash, consumers never need to disclose their personal or financial information to a retail cashier or to make a payment.
While many scams still involve crooks asking for funds to be wired to them, MoneyPaks have the added benefit of the crooks not having to show up at an office to claim the funds. Anyone with the 14-digit number found on the back of the card can drain the card of funds.
BBB offers this advice to avoid falling for one of these scams:
- Be suspicious of callers who demand immediate payment for any reason.
- Remember that anyone who has the number on a Green Dot MoneyPak card has access to the funds on the card.
- Never give out personal or financial information to anyone who emails or calls you unsolicited.
- Never wire money, provide debit or credit card numbers or Green Dot MoneyPak. Card numbers to someone you do not know.
- Utility companies and government agencies will not contact you demanding immediate payment by MoneyPak.