The Cash app has a $100 million in revenue and an impressive app store.
But the app is rife with scammy activities, from scams where users are duped into paying for their own groceries to scams where the apps is advertised to be the only place to buy gas.
A cash app scammer has claimed to have sold 1,000 fake gas pumps in Australia and claims to have made about $1.5 million.
Scammers are also targeting Australians who are on their way to buy groceries or gas, with scams including one that was so elaborate it was like playing a video game.
The scammer claims to be a person who was “just looking for gas” who has been offered gas for $3.99 per litre.
The app has more than 100 fake gas stations across the country, with some offering “free” gas for customers to fill up.
It is also the biggest cash app retailer in Australia, with over $1 billion in revenue.
The scammer told the ABC it was a one-off, a chance to sell gas for just $3 per litres.
“I’m not selling a lot of gas, just the gas that’s being advertised for sale and then I’ll be the one to fill it up and I’ll put it into the wallet,” the scammer said.
“You have to be careful what you give me.
I’ll make it very clear to you and if you don’t like it, I’ll leave it.”
The scamming person is asking users to make payments to the fake app and then make a transaction to the scamber’s address.
They then tell the customer that the gas is “free”, and that if they cancel the transaction, the gas will be returned to the seller.
The app’s advertising claims it is the “largest and most trusted gas retailer in the world”.
However, the scam appears to have taken place outside of Australia, in China.
In a series of messages, the scammers told the scam victim that they were looking for a specific “deal” in China, and that the scam would “pay” them $10,000 for the gas.
The victim contacted the scam merchant on Wednesday, who then sent the scam email to the victim’s email.
The victim received the email on Wednesday evening, with a message saying: “The scam has been cancelled.
Thank you for reporting this scam to us.
You are free to withdraw cash from your account immediately.”
The scammers are using the same email address and password that the victim used to report the scam, with the email claiming to be from the Australian Bureau of Statistics.
“We apologise for any inconvenience this may have caused, and would like to thank you for your patience and understanding,” the email reads.
The fraudster’s message to the customer included an attachment with a photo of a gas pump, saying it was “the largest and most reliable gas retailer on the planet”.
The scam was first reported to ABC News by a person with the same last name and the address as the scamming individual.
“This is absolutely crazy,” the person said.
“You’re just a gas station and this is how they make money.”
The ABC contacted the Cash app’s corporate office for comment, but a spokeswoman told the broadcaster the company was not aware of the scam.
“There is a very small number of individuals that have used the Cash store to carry out fraudulent transactions and these have been reported to us,” the spokeswoman said.
The ABC has contacted the Australian Securities and Investments Commission (ASIC) and Cash app for comment.
If you are concerned about scams targeting you or someone you know, call the Anti-Money Laundering Hotline on 1800 333 000.