In a recent incident, a Vadodara engineer was scammed out of ₹10 lakhs by an online fraudster. The fraudster posed as a potential buyer for the engineer’s car and convinced him to transfer the car’s ownership documents to him before making the payment. Once the fraudster had the documents, he disappeared and the engineer was left with no recourse.
This scam could have been easily prevented if the engineer had used Castler Escrow. Castler Escrow is a secure platform that allows buyers and sellers to conduct online transactions safely and securely. When a transaction is made through Castler Escrow, the funds are held in a secure account until both parties have agreed that the transaction is complete. This prevents either party from being scammed, as the funds cannot be released until both parties are satisfied.
In the case of the Vadodara engineer, if he had used Castler Escrow, the fraudster would not have been able to transfer the car’s ownership documents until he had paid the engineer. This would have prevented the fraudster from stealing the engineer’s car and the engineer would have been able to keep his money.
Castler Escrow is a valuable tool that can help protect you from online scams. If you are planning to make an online purchase, be sure to use a secure platform like 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 transactions, Castler Escrow is the perfect solution for you.