Castler closes Pre-Series A funding of $6 Million led by Flipkart, Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

How Castler Escrow Could Have Prevented the Online Scam in Kerala

In a recent article, it was reported that a man from Kerala lost Rs. 1 lakh to an online scam. The victim, who has been identified as Suresh, was contacted by a fraudster who claimed to be from a government agency. The fraudster told Suresh that he was under investigation for tax evasion and that he needed to pay a fine in order to avoid being arrested. Suresh was scared and paid the fine, but later realized that he had been scammed.

If Suresh had used Castler Escrow, he would have been protected from this scam. Castler Escrow is a secure platform that holds funds in trust until the terms of a transaction are met. This means that Suresh would not have been able to pay the fine until he had received the goods or services he was promised. This would have prevented the fraudster from taking Suresh’s money.

Castler Escrow is a valuable tool that can help protect people from online scams. If you are ever asked to make an online payment, be sure to use a secure platform like Castler Escrow.

Here are some additional benefits of using Castler Escrow:

  • Security: Castler Escrow is a secure platform that uses the latest security measures to protect your data.
  • Transparency: Castler Escrow is a transparent platform that provides you with a clear view of the transaction process.
  • Peace of mind: Castler Escrow gives you peace of mind knowing that your funds are safe and secure.

If you are considering making an online payment, I urge you to use a secure platform like Castler Escrow. This will help to protect you from being scammed and ensure that you receive the goods or services you have purchased.

Announcing!!

is the "Official Escrow Banking Partner" at IGC, New Delhi

Visit us at Taj Palace, New Delhi on 5th of December, 2023

Catch our Founder & CEO, Vineet Singh, on the Main Stage at 5th December at 3.45pm

*First Come First Serve