Eli5: On social media.. Why do people offer “$1500” in exchange for taking control of or closing a bank account?

343 viewsEconomicsOther

Never understood how the process works and how the person offering money benefits from this. What do the IRS and banks (Chase, Capital One, Wells Fargo, etc.) do to get rid of this.

In: Economics

6 Answers

Anonymous 0 Comments

This is an old scam

If some random person offers you money for free you’re getting scammed

If it sounds too good to be true, it’s a scam.

You are viewing 1 out of 6 answers, click here to view all answers.