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 Protected a Techie from Online Scam

In a recent incident, a techie from Gurgaon was duped of Rs 42 lakh by fraudsters promising him substantial earning for liking videos on YouTube. The victim, who has not been named, was contacted by the fraudsters on WhatsApp and told that he could earn money by liking videos on YouTube. The fraudsters then sent the victim a link to a website where he could sign up for the scheme. Once the victim had signed up, the fraudsters asked him to make a payment of Rs 42 lakh. The victim, who was unaware that he was being scammed, made the payment. The fraudsters then disappeared and the victim was left with nothing.

If the victim had used Castler Escrow, he could have avoided being scammed. Castler Escrow is a secure platform that allows buyers and sellers to transact with confidence. When a buyer and seller use Castler Escrow, the funds are held in an escrow account until both parties have met their obligations. This means that the buyer cannot release the funds until they have received the goods or services they have purchased, and the seller cannot release the funds until they have received payment.

In the case of the Gurgaon techie, if he had used Castler Escrow, the fraudsters would not have been able to get their hands on his money. This is because the funds would have been held in an escrow account until the techie had received the goods or services he had purchased. As the techie did not receive any goods or services, the fraudsters would not have been able to release the funds.

Castler Escrow is a valuable tool that can help protect you from online scams. If you are planning to make an online transaction, I urge you to use Castler Escrow. By doing so, you can rest assured that your money is safe.

Here are some additional benefits of using Castler Escrow:

  • Security: Castler Escrow is a secure platform that uses the latest security technologies to protect your funds.
  • Convenience: Castler Escrow is a convenient platform that makes it easy to transact with confidence.
  • Peace of mind: Castler Escrow gives you peace of mind knowing that your funds are safe and secure.

If you are looking for a secure and convenient way to transact online, I encourage you to use Castler Escrow.