Target 2 - Scheme Targets Instagram Users with Pre-paid Cards - WBAY

Target 2 - Scheme Targets Instagram Users with Pre-paid Cards


A new scheme is targeting Instagram users who have pre-paid cards. Experts say thieves are promising users fast cash by offering to fill their pre-paid cards.

They're posting comments to celebrity photos on Instagram accounts. One we found says to text a phone number if you're trying to make $2,000 to $10,000 in 20 minutes.

The thieves allegedly ask users for the security code on the back of their pre-paid card. Then they say they will use that code to put money back on their card, but in reality they're just taking customers' money for themselves.

"I can see where this would be alarming for parents," said Susan Bach of the Better Business Bureau in Northeast Wisconsin.

Bach says she hasn't heard of anyone affected locally, but says it could be a matter of time.

"Once you give them those numbers, it's as good as handing them cash, the money is gone forever," said Bach.

We called the number on this post to get answers. We heard voices in the background, then the line went dead.

This isn't the first time thieves have used pre-paid cards like MoneyPak to steal money.

The Federal Trade Commission reports last year Americans reported losing almost $43 million to schemes involving pre-paid products.

Bach warns buyers to beware.

"You can't make thousands of dollars with very little effort. It's just too good to be true," said Bach.

We contacted the Green Bay Police Department about the scheme. Officials say they haven't heard of it happening locally but will be monitoring for it.

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