For two weeks now, there has been an ongoing scam that caused twenty people from LA to lose thousands of dollars in camera gear. A user under the name “Andy Mai” uses Facebook Marketplace and Venmo payment system to pull the scam and steal the gear.
Four victims of the scam have been verified, and in total they lost $25,000. However, after two sellers shared their story, it turned out that there may be as many as 20 scammed people, with the total loss of as much as $100,000. As it turns out, the scam occurs mainly because the sellers are unfamiliar with the Venmo’s policy, And in addition to this, the scammer(s) keep making new accounts and pulling off the same scam all over again.