Friends, if you are from India, then you should definitely be aware of this trending scam going on in India. If you want to sell or buy any item in India without any broker then everyone knows that OLX is a great application and website to sell or buy used items. In this article, I will provide you full details of scam and how to be aware of such things and avoid getting scammed.

How they do the scam

Now a days, there are many fake customers in OLX app, they create a new account in OLX with a mobile number and then show interest in the item you are selling. Most of the times, they choose an item above INR 5000. They will ask details of the product from you first and ask for more images. This will make you sure that the person is not a fraud and has interest in buying your item. They will ask address from you and get location in whatsapp. After doing all this, the person will ask you to sell item only to him and not to any other user so mark the item as sold in OLX. Once you will do that, they will be sure that you will sell the item only to him/her.

After getting all these sureties, they will make payment online. For that, they will send you a code which you need to scan as per their request. For start, the person will put 5 rupee or 10 rupee in your account using that code. They will send you 5 rupee code, once you will scan, you need to enter your pin i.e. UPI pin of your bank account. This is where they will play the trick. Once you will enter the pin, 5 rupee will be deducted from your account and credited in his/her account, instantly that guy will make 10 RS payment to you for your surety.

Once you are assured that this method works, the person will send you another code of 10000-15000 or whatever amount you have entered in OLX for selling your product. Once you will enter the pin, money from your account will get deducted and will not come back. You will ask for a refund from him/her. He will give some excuse like sever went down or so... and will send you refund code of double amount say 30000. You want your money back so will again follow the procedure and will loose the same. They keep on repeating the process unless your account balance gets empty.

This trick has been played with many persons so be careful. A police officer told me that even 16 Lakh rupees were stolen from a person's account using this trick.

The main question arises, what is police or cyber crime cell doing in our country? The money is transferred to a bank account which is always traceable and police can track that person easily, freeze his/her assets in a second if they want but does anything happens? Why? Because this is India and no one bothers mainly police does not bothers of any issues. They don't do their duty properly due to which civilians has to face such issues and hands of these criminals keep on extending.

With mobile number number and bank account or merchant id or upi id also, police can easily trace them but they don't so it's your duty to be safe and secure. That is why I wrote this article to spread awareness among denizens of India.

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