In a recent scam, two friends in Mumbai lost ₹145 lakh after they were tricked into making a payment to a fake doctor. The scammers posed as a doctor and a hospital, and they convinced the victims to pay for an appointment and surgery. However, the doctor and the hospital did not exist, and the money was never returned.
If the victims had used Castler Escrow, the scam could have been prevented. Castler Escrow is a secure platform that allows buyers and sellers to complete online transactions without having to worry about fraud. When a buyer uses Castler Escrow, the money is held in a secure account until the buyer receives the goods or services that they have purchased. This means that the scammers would not have been able to access the victims’ money until the appointment and surgery had been completed.
Here are some of the ways that Castler Escrow could have prevented the scam:
Castler Escrow would have required the scammers to provide identification and proof of residence. This would have helped to verify the scammers’ identity and make it more difficult for them to commit the crime.
Castler Escrow would have held the victims’ money in a secure account until the appointment and surgery were complete. This would have prevented the scammers from accessing the money until the appointment and surgery had been completed.
Here are some additional tips for protecting yourself from online scams:
Do your research before making any online payment. Make sure that you are dealing with a reputable company.
Never pay for goods or services that you have not seen or tested.
Be wary of any deals that seem too good to be true.
Use a secure payment method, such as a credit card.
Keep your personal information safe. Do not share your credit card number or other sensitive information with anyone you do not trust.
By following these tips, you can help to protect yourself from online scams.