P2P Scams explained shortly.
A P2P (peer-to-peer) scam occurs when a scammer tricks someone into sending money directly to them through a P2P payment system (like PayPal, Venmo, or Zelle) under false pretenses. Common tactics include pretending to sell goods or services, offering fake investment opportunities, or impersonating someone trustworthy. Once the victim sends the payment, the scammer disappears, and the money is often hard to recover.
