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How Castler Escrow Could Have Prevented the Online Movie Rating Scam

A recent online movie rating scam in Mumbai has highlighted the importance of using a secure escrow platform when making online payments. In this case, a doctor lost Rs 1 crore (around $130,000) after being duped by scammers who promised him a part-time job rating movies online.

The doctor was initially paid a small commission for rating some movies. However, the scammers then began to demand larger and larger sums of money, claiming that this was necessary to open a new bank account for commission transfers. The doctor eventually transferred Rs 1.96 crore to the scammers’ bank account, but he never received any further payments.

If the doctor had used a secure escrow platform like Castler, he would have been protected from this scam. Castler Escrow is a third-party platform that holds funds in escrow until both parties in a transaction are satisfied. This means that the doctor would have only released the funds to the scammers once he had received the promised payments.

In addition, Castler Escrow offers a number of other features that can help to protect users from scams, such as:

  • Identity verification: Castler Escrow verifies the identity of both parties in a transaction, which helps to reduce the risk of fraud.
  • KYC checks: Castler Escrow performs KYC checks on both parties in a transaction, which helps to ensure that they are who they say they are.
  • Fraud protection: Castler Escrow has a number of fraud protection measures in place, such as monitoring for suspicious activity.

By using a secure escrow platform like Castler, users can help to protect themselves from online scams. If you are considering making an online payment, be sure to check out Castler Escrow to see how it can help you to stay safe.