$12.5B
FTC-reported fraud losses in 2024
FTC says consumers reported losing $12.5 billion to fraud in 2024.
Scammers send texts or DMs offering exclusive Cash App Boosts (discount codes) that require clicking a link or sharing login credentials — the Boosts are fake and the links lead to phishing sites.
“impersonation scam”
↑ 604%Key indicators
Estimated impact
$640
median reported loss
Scam breakdown
Scammers create messages advertising exclusive or limited-time Cash App Boosts with unusually large discounts.
The link leads to a phishing page that mimics Cash App's interface and requests login credentials or card information.
Stolen credentials are used to access the victim's Cash App balance and linked bank account.
What to do first
Cash App Boosts are only available within the official Cash App — never through external links or messages.
Related terms
Real-world example
Based on reported patterns. Names and details are illustrative.
The setup
Rachel, 35, a cash app users, encountered what appeared to be a legitimate brand impersonation scams situation while using Cash App. Scammers create messages advertising exclusive or limited-time Cash App Boosts with unusually large discounts.
Step 2
What happened next was calculated: The link leads to a phishing page that mimics Cash App's interface and requests login credentials or card information.
Step 3
The pressure escalated quickly: Stolen credentials are used to access the victim's Cash App balance and linked bank account.
The outcome
Rachel realized something was wrong when you receive a message offering a cash app boost that is not visible in your app's boost tab. By that point, significant damage had already been done — money sent, personal information shared, or trust exploited.
The lesson
Cash App Boosts are only available within the official Cash App — never through external links or messages. Rachel's experience shows why you receive a message offering a cash app boost that is not visible in your app's boost tab and the boost requires clicking an external link or sharing your login information are the clearest early warning signs.
How to identify it
What to do now
What to save before reporting
How big is this problem
These numbers come from government agencies and official reports. If you have been affected, know that this is a widespread problem — not something that only happens to careless people.
$12.5B
FTC says consumers reported losing $12.5 billion to fraud in 2024.
Imposters
FTC says imposter scams remained the most commonly reported fraud category in 2024.
History and evolution
Recovery and follow-up
Why this pattern keeps working
Even when the story changes, most scams still use the same pressure pattern: urgency, authority, and a request to move money or data fast.
Cash App Boosts are managed entirely within the app and are never distributed through external links, emails, or text messages.
OpenScam research
Where to report it
If you have been targeted by this scam, reporting it helps authorities track the pattern and protect others. United States has dedicated agencies that handle fraud reports.
ReportFraud.gov
Federal Trade Commission
Central U.S. consumer fraud reporting portal.
File an IC3 complaint
FBI Internet Crime Complaint Center
FBI portal for internet-enabled crime reports.
Start identity theft recovery
IdentityTheft.gov
Official U.S. identity theft recovery plan builder.
Explore further
Who is most at risk
Primary targets
Cash App users, Young adults, Bargain hunters
Geographic concentration
United States
Primary channel
Cash App — Brand impersonation scams
Why this group is vulnerable
Cash App users are particularly vulnerable because this scam exploits trust in familiar brands, authority figures, and time-sensitive decisions. The rapid increase in reports suggests that awareness among this demographic remains low.
Sources and methodology
OpenScam tracks scam patterns using a combination of government consumer protection databases (FTC, IC3, Action Fraud), platform-specific fraud reports, and verified consumer complaint data. Each entry is cross-referenced against at least two independent sources before publication.
Severity ratings are based on financial impact potential, reversibility of damage, and volume of reports across multiple reporting channels. Trend velocity reflects the rate of change in report volume over the most recent 90-day window.
This page was last verified on 2026-04-04. Red flags, recovery steps, and reporting resources are reviewed quarterly against current agency guidance.
Evidence and indicators
Source notes
Frequently asked questions
Scammers create messages advertising exclusive or limited-time Cash App Boosts with unusually large discounts. The link leads to a phishing page that mimics Cash App's interface and requests login credentials or card information. Stolen credentials are used to access the victim's Cash App balance and linked bank account.
You receive a message offering a Cash App Boost that is not visible in your app's Boost tab The Boost requires clicking an external link or sharing your login information The offer is too generous compared to typical Cash App Boosts
Cash App Boosts are only available within the official Cash App — never through external links or messages. Check for available Boosts by opening Cash App and tapping the Cash Card tab. Report fake Boost messages to Cash App support and the platform where you received the message.
This scam primarily targets Cash App users, Young adults, Bargain hunters. It is most commonly reported in United States and typically appears on Cash App.
fake Cash App boost scam is currently surging — reports are increasing rapidly. It has been reported across US. Last updated 2026-04-04.
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Help someone avoid this scam.
Scammers succeed because people do not talk about it. If you or someone you know has been affected, there is no shame in it — it happens to millions of people every year. Share this page with friends and family so they know what to look for.