Spain's 'Bizum Inverso' Scam: Over €480,000 Lost in Online Fraud

Spain is grappling with a surge in 'Bizum inverso' scams, a type of online fraud targeting sellers of secondhand goods. The scam involves fraudsters posing as buyers on platforms like Vinted, requesting money from victims under false pretenses. "The fraudsters often claim technical difficulties or that they have a business account that prevents direct payment," explains Gabriela, a financial journalist. This deception leads victims to unknowingly send money to the scammer. Over 200 victims have been identified, with total losses exceeding €480,000. Authorities are urging caution and awareness to combat this growing problem. The ease of the scam highlights the need for increased online security measures and consumer education.