- Report: #1532017
Complaint Review: Cash app -
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Cash app
United States
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Cash app Cash app / Venmo large scale fraud
So I’m sure there are a lot of people out there that use Venmo and cash app what I believe they’re doing is holding funds from their users for long periods of time Venmo has 72 million users cash app has 50 million users so what they do is they have” computer glitches "' where the recipient never receives the funds you get transaction failed on your end but your bank account is charged the funds. If you don’t notice it, they let it go and keep the funds. If you notice it, they hold the funds for a very long time I believe they’re doing this upwards of 200,000 users per week could you imagine the amount of interest you would obtain if you held between 100 and low end $1000 for 30 days to up to 200,000 users a week ? That would be ballpark holding anywhere from $10-$30 million per week done randomly. With that amount of users, it goes unnoticed. They are making a fortune holding funds of unsuspecting users. It’s an abusive power it’s illegal and it’s being done on a large scale and I’m sure if anybody seen this post they most likely had some sort of issue with cash app or Venmo, this is a large scale. Millions of dollars , these companies. Are pulling a major scam on the public. Please come forward if you have a had issues with cash app and Venmo ?
