Instagram Money Flipping Scam EXPOSED – Green Dot MoneyPak

If you’ve spent even just a couple of hours on Instagram then no doubt you’ll have probably come across this money flipping scam, in fact, that might be the reason you’re here reading this page right now.

Money FlippingI just want to put it out there right from the off that this whole money flipping thing is definitely a scam, it doesn’t work so don’t be giving any of your hard-earned money to these people because if you do you’re just going to lose it.

I first came across this scam on Instagram, it’s huge on there but apparently it’s present on other social network sites too like Facebook, Twitter & all of the others too.

Admittedly it looks pretty convincing & I was first introduced to it by a guy who’d left a comment on my photo.

He asked me if I was interested in flipping money and I was kinda curious as to what he was on about so I went ahead and checked out his profile.

His profile had a tonne of pictures like this:

Instagram Photos

If you notice in the third picture he’s telling you that he can flip $100 into $1,000, $200 into $2,000 and so on…

Of course, normally if somebody approached you and told you this it would probably just sound completely outrageous, but because it’s backed up with all these other photos it gets people curious.

They start thinking to themselves “hmm… maybe this could actually work?”…

The truth is it can’t, and it doesn’t, but he’s actually got other people to leave fake comments on his photos saying how grateful they are for his help.

Unfortunately, this has been drawing a lot of people in, especially those with little online experience. I even have to admit myself, it does look pretty convincing.

So What Is The Money Flipping Scam All About?

Firstly, the photos on these profiles are fake. They’re simply copied from other peoples profiles, and I’ve even been unfortunate enough to fall victim of having my own personal profile duplicated and used by somebody running one of these scams.

Needless to say, I contacted Instagram instantly to have it taken down (which thankfully they honoured pretty quickly).

In the bio’s of these “money flippers” profiles you’ll find that they leave their phone number and ask you to call or text them to flip your own money.

Now what happens is as soon as you call or text them they’ll give you some BS story of how their cousin works in a bank or somewhere & can edit the money in your account and add an extra 0 to the amount.

Obviously nobody is going to give out their bank details so what they tell you to do is to head out & buy a Green Dot Moneypak card (a pre-paid card) and top it up with the amount of money you want to flip.

So if you want to flip $100 into $1,000 then you’ll need to put $100 on the card.

Green Dot MoneyPak Card

After topping up the card they’ll then ask you to provide the numbers of the card so that they can access it add the zero for you. They’ll tell you that in order for them to add a zero they’ll want to take a cut of the profits – they say this to make it sound more legit, but the truth is as soon as you give them the card details they’ll just block you & run… with your money.

No money is getting flipped, and whatever money you deposited onto the card will most likely never be seen again.

So if you’ve come across a “money flipping opportunity” like this one then whatever you do don’t try it out – it’s nothing but a scam & somebody is just trying to rob you of your hard-earned money.

There are plenty of ways to make money online but there are none that will get you rich overnight without having to do any work.

Free Training: Learn about the simple 4-step method that enabled me to leave my job as an electrician & pursue a career working online as my own boss instead

How To Actually Make Money On Instagram

Whilst the money flipping thing is definitely a scam there are still some genuine ways that you can make a legitimate income from Instagram – one of the most popular methods is affiliate marketing & there’s lots of Instagram users all over the world making big money with this at the minute.

It’s actually the same method I personally use & it enabled me to build up an income large enough to leave my job as an electrician (which you can read more about here).

Believe it or not, some users are actually making in excess of $100k/month with this method alone – it’s pretty crazy & the income potential is unlimited.

Basically, through affiliate marketing you can get paid by connecting people with 3rd party products online without ever having to even touch the product or handle any sort of customer service.

You recommend something, they buy it – you get paid… It’s as simple as that.

That’s why you’ll often see people on Instagram promoting products for companies – it’s because they’re getting paid commissions for any sales that get generated as a result of their post.

And the commissions per sale can often be well over $100+ a pop.

It’s a very good way to make money & the potential really is unlimited because on top of Instagram you can promote the products on other platforms too like Facebook, Twitter & even Google – you can learn how to do it with this free step-by-step training here.

Scammed By A “Money Flipper”?

Unfortunately, if you’re scammed by one of these money flippers then there’s not really a great deal you can do. You can report it to Instagram/the authorities but the chances of you ever seeing your money again are very small.

The accounts & phone numbers these scammers use are churn and burn so they quickly disappear without a trace, along with your money. Unfortunately, you’ve probably just paid for a pretty hard lesson.

My advice though would be to warn your friends so that they don’t fall for it too. Share this post with them to let them know about the scam & more importantly to make sure that they don’t end up giving these scammers even more money.

I really hope this post prevented you from parting with your cash. If somebody has contacted you about a money flipping money opportunity then don’t give them the time of day, just block them because it’s not legit.

About the Author:
Born & raised in England, Dale is the founder of Living More Working Less & he has been making a living from his laptop ever since leaving his job as an electrician back in 2012. Now he shares what he's learned to help others do the same... [read more]

112 thoughts on “Instagram Money Flipping Scam EXPOSED – Green Dot MoneyPak”

  1. Thanks Dale ive been seeing a lot of this on instagram and been wondering that its defo a scam,thanks for confirming this for me. I thought it was too good to be true,pleased i didnt part with any of my cash
    Cheers

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  2. I almost fell for it.. But I got a bad feeling and then I talked to my boyfriend about it and he said I should not do it either. I’m glad I went with my gut..

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  3. i must admit that only last night there was a women who was kind and seemed perfectly legit. I was wrong. I gave her my login details for my online banking login details which now have to be changed. Now, im a 14 year old girl and Now i Feel tremendously foolish as altough it might not seem much but she tool 155 pound from me. i only had 160 to begin with. I am trying to cover it from my parents. Great article !

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  4. Looks too good to be true!!! followed me on Instagram. followed back. saw all the posts going on £100 for £4k blah blah blah. got sucked in. was asked to open a Western Union account, send £100 over to a Laici Ward… duly sent the money, had a call from Western Union to confirm the transaction. I foolishly ok’d it. then messages came through saying the flip had failed and needed Bank account details to do it that way. again a message saying that they could’t get it to work. can i send western bank details to they can flip the amount direct through WU…. then it twigged. googled the UK.Flips instagram and here i am feeling like an utter retard £100 lighter.

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      • Unfortunately my son and I feel for the Instagram money flipping scam by Larry Fisher and David t Lance who not only once not twice but three times managed to make believers out of innocent people in my case my son has a very good heart and very good intentions I was only trying to help his mother who currently has cancer and without treatment does not have much longer to live therefore my son was hoping that this money flipping was true and legit only to help his mother but unfortunately was taken for $400 from these gentlemen just yesterday and now due to these gentlemen scam my child has used the last money we had to invest in this get-rich-quick scheme horse camp whatever you want to call it which was to be used for my son to have a roof over his head while I’m in the hospital and now he will not be able to pay the rent but I’m sure stories like this are of no concern to the scammers but just beware of these money flipping scams are everywhere and pray an unexpected victim

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        • When things sound too good to be true, they generally are. Unfortunately as you say, yours or anybody else’s situations will be of no concern to the scammers – they prey on desperation.

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        • I needed money for bills and I fell for it and my bub and others said not to do it even my gut told me not to but I did. I just thank God I didn’t give all my money I had but still! But lesson learn!!

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      • So I guess you can’t speak, meet or otherwise engage in any contact with anyone on any site unless you first hand know them? Propably. I thought I knew someone, on and off contact for approx 2yrs. And. Well it was only about this. Humiliation overload. Thinking back though I guess he was only what I wanted him to be. Strange that I still miss and love him. But if he cared about me that way he would have kept in touch. Thanks for the advice, idk yet but at this moment the only thing iv lost so far is 4mobile phones 1 laptop (new) my sons happiness and my pride, trust, hope, actually my whole self. Money would not be so surprising to lose too.

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  5. These are the kind of scams that only a greedy person would fall for. Serves them right for trying to get money that they did not earn.

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    • Greed is one potential reason, but desperation is another – some people may be in a very bad place & can become blinded by the promise of riches.

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  6. Thank you for this website I could have been scammed some lady was telling me how they could flip my money and I was really thinking about doing it but luckily I didn’t.

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    • No worries Josh, I wrote this post a while ago but I actually just seen the scam resurface on my Instagram yesterday too. Glad you dodged it 🙂

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      • Wow! Wish I would’ve read this earlier. I am one of those desperation people in a bad place and I just lost $322 to an Instagram scammer. He befriended me & promised to help me “flip” money and pay him a cut. I’m so naive. Ugh.

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      • I just got finished a DM conversation with someone on Instagram I am in a bind and came across it when I saw she started following me (out of the blue) no money sent but she did get my full name,city,state and phone number saying she can flip my money through western union.Guess when you’re in a desperate situation all the testimonials and flashy money look real good. So glad I came across your site. Thank you, I would have been in my home with no lights.

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        • Glad you managed to dodge it! I can appreciate that in desperate times sometimes you’re just not thinking straight & unfortunately that’s what these people prey on.

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  7. Wow I almost fell for this on Instagram there is a girl with pics of $$$$$ …..told me I could turn $100 to $2500 in 45 min really!!……

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  8. I actually got lucky on one of these scams. Same kind of profile, but it was more set up to try to get you to invsst long term. I DM the person and they told me they wanted me to start small to show the great earnings and gain my trust. So I wired $100 through paypal out of curiosity, and within an hour I was wired back $1,000. After that the person immediately messaged me back and said “See I told you the returns were amazing.” He then went on and told me his “premium” membership where the minimum investment of $15k would return upwards of $150k. He even had the nerve to ask upwards of $50k. I knew it was a classic bait and hook scam where they start you off small so that they can then get you for a lot of money. Over the next course of a day, I received close to 50 messages and emails until I blocked his account and changed my email. Found online he did the same thing to a ton of people steali.g anywhere from $10k to $50k from people. Long story short dont fall in to any of these traps. I was just curious and wanted to see. Paid off for me, but if I didnt know better, I wouldve lost a ton of money.

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  9. Today a certain of this craps tried to ruin me but unfortunately his tricks have fail and bcoz of the many questions I asked him he became angry cuz he was targeted me straight on his trap…but I finally blocked him and Google the flipping of money until I come across this article thanks Mate be Blessed

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    • I have just had the same messages and because I’m asking loads of questions they have started to get a bit funny with me! Today I’ve had 3 different people message me about it and over the last few weeks close to 40 people message me about it. If I’m honest I was going to give it a go until I thought il put it into Google and see what comes up and this did. I’m so glad it did as I am meant to be meeting one of them tomorrow to cash out. The one I was going meet hasn’t asked me for money but asked me for all my bank details and security questions, he must be mad if he thinks I’m that stupid lol…. I’m skint not stupid lol…..

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  10. Yep I’m dealing with a scammer on IG now. She started following me so I followed back. Sure enough her page is filled with pics of cash that all her ‘clients’ got. Even testimonial videos from the ‘customers’. Now she’s in my inbox trying to sell me a pipe dream. I blocked her with a quickness.

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  11. Hey guys there’s a Jirah Scott on IG messaging me now about flipping I even called her and discussed on phone she’s got pictures of western union office where she is counting money and sending, tbh so real but reading through all of your stories am blocking for real.

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  12. Hy there. To whoever s been scammed out there. Me anf my friend got scammed by this Holly Hollyoaks profile on insta …money flipping and that stuff..we transfered 500 in good hope of getting 5000 since we r both broke and she gave us her bank account and all….now…it’s been 2 weeks….do u think I can get the money back saying I didn’t authorize the payment or somerhinf?

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    • Hello Ally, I’ve had to alter your comment a little bit as there was a bit of bad language in there – but I can imagine you’re probably frustrated, so can appreciate why. When it comes to things like this, you have to think that if it sounds too good to be true, it probably is. In future I always recommend that you do you due diligence before diving in & depositing or transferring any money. Unfortunately it’s very unlikely that you’ll be able to get your money back, especially if you’ve made the payment via bank transfer as the bank will quite easily be able to prove it was you who made the payment.

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  13. Some chick just emailed me about she can add money in my account no funds needed or send money just need to send my bank card i can take all my money out if needed before . her brother works at credit union he can send checks into my account lmao ppl actually fall for this stuff like really. Ppl common sense if this was real they will be giving them selves money not looking to have it done from strangers. Scams

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    • Sadly yep, people do fall for it but it’s not surprisingly really because the scammers are vultures and they will spend hours upon hours trying to convince people.

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  14. Hi Dale how you doing i had one of these people to contact me on facebook saying that his cousin work at Western Union and could do the same for me we talk over facebook messenger and after i got done talking to him something didn’t feel right with that so didnt bother with it plus i was on my Instagram page and saw the samething it just sad

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  15. This guy told me to call him about making that loot. I thought it was fishy so I didn’t and I won’t. If he does harass me, I’m looking up his address and whooping that azz. Don’t come for me if I didn’t send for you. Take NO for an answer. Thanks, Dale.

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    • Thanks for the comment 🙂 and yeah, I agree with you. I’m sure there are plenty that fall for it out of pure greed & laziness, but others fall for it because they’re in truly desperate situations and the mind kind of doesn’t work too great in those kinds of situations.

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  16. I was literally just scammed less that 3 hours ago. I’m still crying, she knew I needed the money. My rent and I need a car bc mine just died. I have 4 kids and now I’m broke. These ppl need to be stopped. Walmart to Walmart transfer is what we did 700 to flip got 7000. I’m so damn dumb! 42 years old I should know better. But she was giving me so much information on how it works on the back end and how she does it all day long. This is so sad bc karen_makindi ero23 won’t stop if she’s not caught. That’s her Instagram name…advertisement strictly for single mothers. She has my bank information and everything but my SS! Damn! An expensive lesson learned! Walmart said the only way I may be able to get my money back is to prove it was fraud, I’m in Ga she’s in IL, they were saying I need to get a police report then they can look at the cameras to see who picked up the money at that time. But then what happens after that. Can they arrest her? She needs to go to prison! She’s all over social media advertising lies! When I called her crying she told me she could give me a refund, and gave me a bogus reference number and disappeared…will filing a police report really help in getting my money back?

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    • Hi Dee – I’m sorry to hear about your situation. Unfortunately due to the way this scam is ran there is little chance of you getting your money back. Filing a report may indeed get the person caught but again that gives you no guarantee of actually getting your money back. It’s also highly unlikely that the person you are seeing on social media is the true person behind the scam as these people often steal other peoples images & videos and build false personas to trick people. Sadly I think it is just going to be a very expensive hard learned lesson but I do wish you the best of luck.

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      • Well this must be that I’m lucky because I try it with this guy by the name of Mathew and it did work so I don’t know what to say

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        • Hey Rajay – firstly I want to make it clear for anybody reading this comment section that money flipping 100% does not work (just so they don’t end up reading your comment and decide to try it out).

          However, some of the guys running this scam have upped their game. They’ve got fed up with making daft £50 and £100’s per flip so they’ve came up with a way to get even more money out of people. Basically they’ll pay you on your first few flips out of their own pocket to make it seem like it’s working, obviously you get hooked so you decide to go bigger and bigger… Then guess what, once you’re at £500 or £1,000 (or unfortunately sometimes even more) they wipe you clean and disappear!

          Now for those that are desperate and considering a money flip, and now assuming that they might get paid out on their first flip remember that there is no guarantee. Not all the flippers operate like this, and ultimately it’s a scam so just keep in mind that you will lose any money you give these guys. Avoid money flippers like the plague!

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  17. I was asked by someone from western Union if I wanted to flip some money and as a last resort to be able to pay my mortgage I did. I sent $100 and waited and waited finally about 10 hours later(it’s only supposed to take 20min) I was told I needed to pay 150 to the it’s to get my money. I didn’t give him anymore but this is completely ridiculous what they can do and I want everyone out there to realize this is all a scam!!

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    • Hey Kelly, I agree it sure is ridiculous – that’s why I decided to put this post together to warn people about the dangers. Please feel free to share it with your friends on social media to help get the word out!

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  18. how do I notify Instagram about someone trying to scam money off of women and I know for a fact that he has made well over 500.oo plus already off of them and he is in the process of trying to con me. He takes you from Instagram to Hangouts and talks his con. I have it all in messages about it.

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    • When you’re on the users profile you’ll see a menu button at the top right, click on that and you’ll get the option to report the user to Instagram. Hopefully that puts a stop to him!

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  19. I’ve just seen one of the scammers. She is on Instagram and majority of her pictures are of money along with videos. Her about me speaks about working with western union.

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  20. I was talking to a Instagram account who also does money flips and I was just seeing if it was real or not and of course I knew it wasn’t so I said thank you for the information but I was just wondering. Right after I said that they completely cussed me out so I reported and blocked them SMH.

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  21. Literally just two days ago I had a woman telling me she works for American cash plus and is a moneygram representative she sent me her ID number and everything. She said she doesn’t need my bank account info to flip the money. Saying that all I need to do is send it via western union and she will give me a merchant bankers information and that they will contact me when the process is finalized and I’ll get an MTCN number. It’s so bizarre I’m glad I haven’t fallen for it I’m going to block her

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  22. I got scammed for my last 80 bucks.. and the sad part is that it was a guy trying to warn me on the girls page and I watched him and the girl argue back and forth. He told me why would anyone give you there connection if they were flipping money & I thought about it and the girl told me that she was legit. So against my 1st mind, I did it, & as soon as I gave the girl the card & PIN number she asked me to wait, when I tried to contact her, her profile and page was gone ??‍♂️… & I was left upset, feeling stupid & broke…

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    • I’m really sorry to hear about that Calvin, it seems these scammers on Instagram have absolutely no morals at all. Hopefully you are able to somehow sort your situation.

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  23. A woman on Instagram is telling me to send $100 through western union and she will send me back $1000, I asked how does that work she said that the company that she work for they’re giving away money that remained after paid workers and tax, I almost send money to her but I said to my self this is too good to be true. Thank you very much for posting this xx

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    • Sorry to hear it, but glad you reported it – hopefully Instagram take some action. Sadly though the time I reported an account they did nothing and the account is still active to this very day. The account was even using my own personal pictures too! I was shocked at how Instagram handled it, but hopefully now that it’s been took over by Facebook they take it more seriously.

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  24. Hi Dale really thankful for all this information you share with us. that’s true everybody have issues and we all try to make extra money without really having time because of our crazy stupid job. hope everyone can read that and be informed.

    Bless

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    • Hi Aref thanks for stopping by & leaving a comment – feel free to share the post with your friends to protect them from falling victim to the Instagram scam.

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  25. I was scammed yesterday by one of the money flippers on Instagram,his name his Robinson Oxford please beware of him

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      • If only I saw this earlier. I was scammed today of my 5k and hilarious enough, the *word removed* was still asking me to send 50k to follow through on the flip. That I should send 50k to him first before I get my 5k back. Who does that??
        I’ve learnt the hard way

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  26. Thank God i dodged this bullet, was about to send all i have in my account to a money flipper so i can raise some cash for my fees, i thank God at the last minute i decided to Google it and saw this site. God bless you Dale Rodgers, you’re an angel in disguise.

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  27. I was about to send some money to one Mr Oluwacash but had a rethink.. I decided to google it and found here that it is a scam. Thanks for saving me from this thieves..

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  28. One cash flipping company followed me and I followed back and saw money pictures on his page with testimonies from his clients, it was quite convincing, I decided to google it and I found your article. God bless you for saving me

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  29. Thank you so much for this eye-opening article. i almost got scammed now! thank i followed my instinct to conduct a little research online and here i am feeling thankful i dint fall for the scam. i notice you wrote this article in 2016, i am writing from Nigeria now. i guess they are here in nigeria now. thanks once again. more grace.

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  30. one mr investor thomas on instagram advertising about flip of cash x4 of your investment with lots of screen shot testimonies, is really convincing but i keep wondering how this flip works in 45mins, thats what brought my research

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  31. I was one of the victim that fall for this scam I regretted my actions I was scammed of #10000 yesterday night….those guys run away with my money am still angry with myself right now I don’t know what came over me

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  32. I recently fell for this and feel like a lemon right now! Here’s the website address they provided. I’d like to report them but don’t know where to start?

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    • Hi CHT, sorry to hear you fell for it! ? I’ve removed the link from your comment (just to prevent anyone from clicking it and falling for it too), but rest assured I’ve reported the link… In terms of what you can do though, I’d recommend reporting the accounts that were promoting the link to Instagram. There should be a button somewhere on their profile that will enable you to report them – and of course blocking them would also be wise too.

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  33. Has anyone heard of *name removed* she is constantly posting about how she has paid her clients. She requested to be a follower but has not personally contacted me. She also partakes in the money flipping world. Is any of this true?

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    • I’ve removed the username you posted to prevent anybody from visiting the profile & then falling victim to the scam themselves. Regarding your question though, it doesn’t matter how much they “seem” to be legit – they are not… Hands down. They can quite easily fake payment proofs etc & you should not believe anybody that promises they can flip your cash. The bottom line is always that if it sounds too good to be true, it generally is.

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  34. Thank you Dale. That is my rule of thumb also. I had never heard of flipping cash let alone that quickly. wow… wouldn’t that be a phenomenon!
    Thanks again for your response.

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  35. I just received a DM from Mr Alex the flip 5050. He got me bored I’m kinda of promising him I’ll do the transfer and he is so eager. I’m sure he thinks he got another victim.

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  36. Hi there
    Just to let you know that I have been scammed by one of the flip cash site on Instagram by a women. She ask for £150 then £300 to get £2000. Silly me went and did it and now she text me for £1000 to get £15,500 return and when I said you have got not a chance of me sending it she or he I don’t know who they are said I’ve got 24hrs to get or I get 8 years jail. So I report it to Instagram and block her from texting me as it not nice being threatened and bullied for money……

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    • Wow, so on top of scamming you & taking your money they are also threatening you as well – jeez, these people are truly ruthless. Hopefully Instagram will take the account down, but sadly they will be more than likely back up & running under a new name in no time at all.

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  37. Thank you so much for this amazing information you shared with the public. God bless you. I was at work and got a message from my younger sister that she met a stranger on Instagram who told her that she should give him $100 and would get $1,000 and I said what!! I told her to block that dude and she did. Doing some research about that stuff and discovered on your article that it was all a scam. Thank you so much….

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  38. Wow! You’ve just helped me,thank you so much. I’ve been talking to some guy since last night telling me about money flipping and he looks so decent. I told him that I’m a varsity student from an underprivileged background and far from home and that the money that I have is very little because I get allowance every 2 months and it’s not much. Guess what he just assured me that this is real and I’ll get more money to be able to take care of myself. I was so ready to give the guy all the money that I have,I’m so thankful to have come across this article. I’m going to block him now, what was going to become of me without money away from home???

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  39. this information came late to me, I have been scammed today.
    I fell for them because I need money to complete my school fees, from their pictures and comments I was thinking that it is real.

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  40. I got it too .it sucks. I think they go search certain people to contact(mother student single kids) etc. He convinced me been going back & forth with him. He said i could be getting money for all me needs and wasting time. Since July i just gave my last i didn’t even have. My kids start school tomorrow & im just stuck. I heard of it long time ago but thought maybe its legit now or work. I feel like a fool. Hes waiting to send me more money that i even requested but i have to send money for a release fee, seriously. I’m like you will not take anymore money from me because i have none to give. He would say he understood me & have kids. I kept asking let me talk to one of his clients and he wouldn’t give me one. I should have known & went with my gut feeling. Im done, i want to believe him & send release fee. Something in me ls saying no. I told him im sure their will be another fee. He says no. It all lies and thank you for these posts and site. I pray more people find you first before sending & losing money.

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    • Don’t even continue talking to him, just block & report him – he is a scammer & he will NOT give you any money. The only he is out to do is try to take more from you so regardless as to what he says do NOT send any more. Help others by reporting & blocking him to make him known to Instagram.

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  41. I got scammed few weeks ago by this guy name Rico.
    He has people vouching for him and pics as well this is so sad to do this to people I hope he or they get caught it’s not fair….and about 6months ago Jessica is a lady claiming to flip as well but Peter is the main head honcho these people are sad.

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