Castler closes Pre-Series A funding of $5 Million led by Capital 2B, IIFL Fintech Fund, Venture Catalysts & Zerodha

In a recent scam, a woman was tricked out of Rs. 4.3 lakhs by a fraudster who promised to increase the number of likes on her YouTube videos. The fraudster posed as a YouTube representative and convinced the victim to pay for a service that did not exist.

If the victim had used Castler Escrow, she would have been protected from this scam. Castler Escrow is a platform that allows businesses and individuals to safely exchange money and goods. When using Castler Escrow, the buyer and seller do not exchange money directly. Instead, the money is held in escrow by Castler until the transaction is complete. This ensures that both parties are protected from fraud.

In the case of the YouTube likes scam, the victim would have been protected if she had used Castler Escrow. The fraudster would not have been able to collect the money until the victim had received the promised service. Since the service did not exist, the victim would not have been out any money.

Castler Escrow is a valuable tool that can help protect you from fraud. If you are ever asked to pay for a service online, be sure to use a reputable escrow service like Castler Escrow.

Here are some additional tips for avoiding scams:

• Be wary of anyone who asks for personal information, such as your bank account number or credit card number.
• Never pay for a service in advance, especially if you are not familiar with the company.
• Do your research before making any online purchases. Read reviews and check for complaints.
• If you think you have been scammed, report it to the authorities.

By following these tips, you can help protect yourself from scams.