In a recent case, a Pune software engineer was duped of ₹14.4 lakh by cyber fraudsters posing as representatives of a government agency. The victim was tricked into transferring the money to a bank account controlled by the fraudsters.
If the victim had used Castler Escrow, this scam could have been prevented. Castler Escrow is a secure platform that allows buyers and sellers to make online transactions without having to worry about fraud. When a transaction is placed in escrow, the money is held by Castler until both parties have agreed that the transaction has been completed. This means that the buyer’s money is protected until they have received the goods or services that they have paid for.
In the case of the Pune software engineer, if they had used Castler Escrow, the money would have been held in escrow until the victim had received the goods or services that they had paid for. This would have prevented the fraudsters from being able to access the money.
In addition to protecting buyers from fraud, Castler Escrow also provides a number of other benefits, including:
If you are considering making an online transaction, I encourage you to use Castler Escrow. It is a safe and secure way to protect your money from fraud.
Here is how Castler Escrow could have protected the Pune software engineer:
By using Castler Escrow, the Pune software engineer could have protected themselves from this scam and avoided losing their hard-earned money.
Here are some additional tips for avoiding online scams:
By following these tips, you can help protect yourself from online scams.