Another Cash App Scam To Watch For Is A Fraudulent Payment Claim Scammers Will Inform You That You Ve Won Money Or Are Due A Payment However Like Cash Flipping You Must Pay To Collect The Money The Scammers Take Your Payment And Disappear Anyone Asking For A User S Social Security Number Is Almost Certainly A Scammer In General It Is Best To Only Share Your Social Security Number With Trusted Sources For Example Your Employer A Financial Institution Or A Government Institution And You Should Avoid Sharing Important Identity Information From Requesters On Any App Including Cash App Cash App Is A Financial Platform Providing Services Through Its Bank Partners Lincoln Savings Bank And Sutton Bank It Also Offers Investing Services Through Cash App Investing Llc Which Is A Registered Broker Dealer And A Financial Industry Regulatory Authority Finra Member Money Flipping Is When Scammers Convince You To Send Them Money Promising To Increase The Funds Through Investments Or Other Means These Scammers May Ask You To Send A Small Amount As A Clearance Fee Or For Account Verification You Send The Money And Never Get Anything In Return Cash App Users Can Be Targeted Directly On Cash App On A Social Media Platform Or By Sms Scammers Also Post Details Of These Money Making Schemes On Social Media And Wait For Interested People To Take The Bait They Then Ask Them To Send Money Through Cash App