🛑 P2P Scams: Risе of P2P Trading Scams in India 🇮🇳 in binance and wazir x

-Ricky roy , entrepreneur
+919150532967
INDIA

The rise in P2P trading has led to a surge in fraudulent activities, particularly scams involving personal and financial data misuse or promises of high profits. In July, a notable incident in Ujjain, India, involved individuals apprehended for a P2P scam related to the Binance platform, using fake accounts and documents to exploit users for a fee of 1,500 Indian rupees ($18).

P2P scammers often use fraudulent crypto-focused Telegram channels to lure users with promises of returns or airdrops, tricking them into sharing sensitive banking information. They then create P2P accounts on platforms like Binance and WazirX to execute scams, targeting sellers and disappearing with cryptocurrency after completing transactions.

Victims often report to the police, leading to frozen bank accounts linked to scams, affecting unsuspecting traders on P2P platforms. In one case, a seller faced police intervention and threats due to a $40 transaction on WazirX, despite completing a P2P transaction. Resolving these issues involves complex processes and limited access to funds, causing significant challenges and fear among victims of P2P scams.

CONCLUSION -ALWAYS DEAL WITH TRUSTED DEALER

#BTC‬ #ScamRiskWarning #P2PScamAwareness #P2PScams #P2PScamPrevention

#P2PScamAwareness
#p2ptransactions

so i got engaged in a p2p transaction about 2 weeks to buy some usdt but the seller is just deasapered and not releasing. i filled appeal and proof of payment but CS is waiting for him to provide proof instead of releasing my damn crypto. anyone has an idea what can be done?
this is just ridiculous. P2P is no longer good as it was.
#P2PScams

Binance P2P Scam Alert! Learn from my $10,000 loss and depression. Beware of these scam tactics:

1. Phishing: Watch out for fake sites stealing login info.
2. Payment Reversal: Scammers send fake payments and reverse them.
3. Fake Confirmations: They trick with false payment proofs.
4. Overpayment: They overpay and ask for refunds with fake funds.
5. Escrow Impersonation: Pretend as reputable escrow services and vanish.
6. Identity Theft: Sharing personal info leads to identity theft.
7. Remote Access: They manipulate trades and steal sensitive data.

Protect yourself:

1. Stick to reputable platforms like Binance.
2. Always verify payments and personal details before trading.
3. Use secure communication channels.
4. Stay informed about the latest scams.

Stay vigilant and share to keep others safe!

#ScamRiskWarning #StaySafeInTheCryptoWorld #P2PScams #CryptoSafety