Classified ads are one of the prominent sources for different kind of scammers to find
potential victims. Scammers exist as both buyers and sellers on such platform. They can go to various
lengths, to hide their true identity. Most of the times they impersonate Indian Army personnel So that they
can fool unsuspecting victims.
We need to be aware of both of these variations of fraudsters.
1. Scammers acting as Sellers
Scammers sign up as sellers on OLX and other classified ads sites. They gain trust by
reusing content of actual sellers, only changing the listed price, to ridiculously low levels.
They aim to lure potential victims with these prices.They also have a tendency of
sharing fake receipts of courier companies, indicating that the product has been shipped.
Once a victim is found, the scammers trick the victim into disclosing private
information. Or in most cases, the scammers ask for a pre-payment to be made. Finding multitudes of
excuses to not show you the item/property/vehicle you want to buy.
These ads can be for anything such as used cars, bikes etc. These ads may include
pictures and other details – often copied from genuine buyers.
The most occurring cases nowadays are related to Army Personnel.
In this case, Scammers impersonate Army Personnel and steal the money from the Victims
by gaining their trust and making them pay the amount in advance. People are susceptible for this fraud
as they generally do not question the Integrity or authenticity of someone who says he is from the Army.
Scammers often produce fake documents to prove their identity.
How does the Scam happen ?
-
Scammer puts an advertisement for a product (Mobile Phone, Car, Bike etc.) for a very low price (eg.
Mobile that costs Rs. 20K would be advertised for Rs. 12K) and lucrative description such as used
for one week only or not used at all.
- A potential victim sees the advertisement and considers it a good as well as cheap deal
and contacts the scammer for further exchange of goods and money.
- After negotiating a little, the scammer agrees to a lesser amount (even with a
difference of Rs. 2 to 3K). At the same time, the scammer tells the buyer why he is selling the
product, it includes reasons such as he is unable to use it when on duty in the Army and other
similar things.
-
Scammer provides the forged identity documents related to the army to the buyer for verification
along with the product Images (which are fake). People do not hesitate finalizing the deal by just
looking at the images of the product and not checking it personally
Example Identification documents provided by
Scamemers
(both the images are forged documents)
- Scammer tells the buyer that he does not reside in the same city as the buyer, and that
he would have to send the product via courier service.
-
Scammer further tells the buyer that he would need to pay some amount in advance in order to ship
the product, Scammer also provides forged courier details to the buyer which includes receipts and
other documents.
Forged receipt for Courier service which will be shipping the
product.
- Victim puts his trust into the scammer because of his supposedly Army background.
Scammers take advantage of this vulnerability. Scammer then requests for a money transfer and shares
his bank account details (which mostly is with Paytm Payments Bank) or shares UPI ID.
- Victim sends the money to mentioned accounts, after this Scammer may stop responding to
Victim or keep asking more money claiming it to be Border entry charges, Toll charges, Service
charges etc. until victim realises he is being fraud.
- Scammers might be just one person or an organized group of a couple more persons. They
may share different account details each time or the same one. If scammers find out that the victim
is instantly paying the money, they start dominating and pressuring him for more.