Will Venmo Refund Money If Scammed. Unfortunately, reversing a venmo payment isn’t currently doable. If you use venmo, there's a new scam to watch out for.
The insta variation of the fake check scam usually involves the purported sugar daddy sending fake funds to the victim’s bank or venmo account. Don’t use venmo to buy anything from anyone you don’t know and trust; Venmo support cannot reverse a payment at the sender’s request.
Later the owner of the stolen credit card that funded the transaction will likely file a chargeback dispute.
If you use venmo, there's a new scam to watch out for. As a result, you can no longer access your funds. If you cannot get through to the merchant or you cannot come to a solution with the business, you can contact venmo’s support team via email. This option will be available as long as the transaction is in the pending status.