Have you ever shopped online but not receiving the goods after payment?
Online Shopping Scam
Have you ever shopped online but not receiving the goods after payment? Most scammers defraud consumers with the following tricks:
Scammers posing as sellers
Scammers posing as buyers
Characteristics of suspicious online shops on social media platform
The pages have been run only for a few days or weeks. No physical store address or telephone number is shown. (Hint: The “Page Transparency” section in the platform shows the date the page was created.)
The pages may be advertised on the platform to boost the visibility
Paid posters are hired to leave good reviews or comments, creating the illusion that the shops attract considerable patronage
A variety of products are being sold on the pages and most are hot items
Only a few posts are created on the pages
Most photos in the posts are captured from other online shops
“Bounced Cheque” Features
Scammers deposit a non-cashable cheque into seller’s account and use the cash deposit slip to create a false impression that deposit has been made.
Seller can verify the transaction status at ATMs. The value added in “Account Balance” does not mean transaction is successful, while “Available Balance” reflects the actual credit status.
Seller can also check “Available Balance” through Internet Banking Service to verify the transaction.
Scam Prevention Tips
Patronise reputable online sellers, trade face to face whenever possible
Purchase tickets and shopping coupons through official sales channels
When selling goods, do not just rely on deposit slips as proof of completed payments
Before payment, you should search the phone number, bank account number, page name, etc. provided by the seller, and pay attention to negative reviews
In case of doubt, terminate the transaction immediately
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