Is Flipping Cash Legal?
Flipping cash is simply a scam that takes advantage of the inherent greed of people to tempt them: The basic concept is that the person is asked to purchase a gift card and then transfer the funds to a number; the donor is promised a greater reward for the investment. However, the funds never come through and the person is out the funds spent.
Is flipping cash legal? No, of course; at the very least it is fraud as the person is promised a return on their investment. However, it is a difficult problem to prosecute because the scammer is in a different location and can quickly disappear from that location; there is just no way to have police ready to arrest the person. This makes it a low-risk/high-reward con that is well worth the scammer’s effort. The best solution is to be aware of the con and so avoid it.
