In a recent incident, a Pune-based company was tricked into paying ₹22 lakh to fraudsters who posed as representatives of a well-known company. The fraudsters sent the company an email that appeared to be from the company’s CEO, requesting that the company pay a processing fee in order to secure a large contract. The company complied with the request, and the fraudsters disappeared with the money.
In this case, Castler Escrow could have prevented the scam. If the company had used Castler Escrow, the funds would have been held in escrow until the contract was signed. This would have prevented the fraudsters from getting away with the money.
Here are some of the ways in which Castler Escrow could have prevented the scam:
If you are ever considering making an online payment, you should be very careful. It is possible that you are being scammed. You can protect yourself by using a trusted escrow service like Castler Escrow.
By using Castler Escrow, you can protect yourself from scams and ensure that your money is safe.