Online Scam Alert! A 34-year-old tech professional in Pune suffered a loss of Rs 17 lakh after falling victim to an online scam offering part-time jobs on social media.
According to reports, The victim came across a social media ad for a part-time job, offering money for liking videos. the victim contacted the job providers, only to unknowingly engage with scammers in tasks including ‘Like and Earn’ from December 1 to December 6,
When he grew suspicious of the scam, A complaint was filed with the cybercrime cell on December 7 by him and the Wakad police station registered a case on the following Saturday. It was then revealed that the individual suffered a loss of Rs 17.6 lakh for the victim.
The scammers transferred the money from the victim's account to various locations, including Kochi, Jaipur, Malda, and Itarasi. Specific case details were not yet disclosed. The scammers persuade the victim to invest more, promising larger returns, until the realisation of the deception leads to significant financial losses.
Typical scam patterns like these ‘Like and Earn’ involve gaining the victim's trust with small initial payments. These are also called engagement scams, which take different forms but all aim to exploit the desire for quick money by manipulating users' online activity.
Scammers employ various methods such as fake accounts, paid ads, or direct messages to promote "like and earn" scams. These schemes make tempting promises of quick cash through actions like liking, sharing, or subscribing to certain videos, channels, or profiles. The offered rewards often appear unrealistic, such as the promise of earning substantial amounts for just a few clicks.
This builds confidence in victims who are then lured into investing more for the promise of greater returns. Often without much scrutiny, individuals invest in these schemes. When they seek returns, scammers request additional investments, perpetuating a cycle that persists until the victim becomes aware of the deception.
As the rising number of these Scams is gaining momentum, Avoid sharing any kind of personal details such as Aadhaar number or PAN details to anyone online to be safe from these types of Scams.
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