On May 16, 2023, a man from Kochi, India was duped of Rs. 4.8 lakh in an online service fraud. The fraudster posed as a representative of a well-known online service provider and convinced the victim to pay for a service that he did not actually provide.
If the victim had used Castler Escrow, he could have been protected from this scam. Castler Escrow is a secure online platform that allows buyers and sellers to transact with confidence. When a buyer uses Castler Escrow, the funds are held in escrow until the buyer has received and is satisfied with the goods or services. This prevents the seller from receiving payment until the buyer has confirmed that they are happy with the transaction.
In the case of the Kochi fraud, if the victim had used Castler Escrow, the funds would have been held in escrow until the victim had received the service that he had paid for. If the seller had not provided the service, the victim would have been able to cancel the transaction and get his money back.
Castler Escrow is a valuable tool that can help to protect consumers from online fraud. If you are considering making an online purchase, we encourage you to use Castler Escrow to protect yourself.
Here are some additional benefits of using Castler Escrow:
If you are looking for a secure and convenient way to make online purchases, Fill out our form today and we will get in touch with you.