Money Flipping Scams

The Money Flip or Cash Flip is a type of scam that has gained massive popularity despite sounding completely ridiculous. In a Money Flipping Scam, the scammer will offer to 'flip' a small amount of cash ten times or hundred times over. For example, they will claim to be able to flip $30 into $300 in an hour, as they have an 'inside connection' at a bank or company such as Western Union. To appear legitimate, they also post fake testimonials and screenshots. It's no surprise that once you pay the scammer, they will block you and disappear.