I received a message from a guy claiming he would let me order any product worth up to 1 lakh for just 10% of the total cost. However, he says I need to have 5-6k in my MobiKwik or Fampay wallet. Is this a scam? If not, could someone explain whether I should consider investing in it?
It sounds like a potential scam, and here are a few reasons why:
Unrealistic Offer: The idea that you can order products worth ₹1 lakh by paying only 10% (₹10,000) seems highly dubious. Legitimate businesses typically require full payment or a substantial deposit, especially for high-value products.
Wallet Requirement: Requiring you to have a balance in MobiKwik or another payment wallet adds an extra layer of concern. Scammers often ask for payment through non-traditional methods to avoid traceability.
Pressure and Conditions: If someone is pressuring you to act quickly or to meet certain conditions (like having a specific wallet balance), that’s a red flag. Legitimate offers allow you to think it over and do your due diligence.
Lack of Transparency: If the person or company isn’t providing clear information about the products, their legitimacy, or their business, that’s a warning sign. Always ask for details and do your research before making any commitments.
No Personal Endorsement or Review: If you can’t find independent reviews or recommendations for the product or service being offered, it’s safer to assume it might be a scam.
Before investing your money, thoroughly research the offer. If it seems too good to be true, it often is. It’s best to err on the side of caution to avoid losing your money.