We care about our Clients and draw attention that during the period of quarantine, it is necessary to be especially vigilant and cautious, so as not to fall on the hook of fraudsters!
We inform You that a new fraud scheme on OLX has been activated. It consists in misleading a buyer-holder of a payment card by a malicious seller in order to stimulate the carrying out of a payment not on the original OLX site using the secure service «Delivery from OLX», but on a fraudulent one, the link to which is sent to the victim through a messenger. The fraudulent resources are exact copies of the OLX site. An offer to go to the OLX site from a messenger link (Viber, WhatsApp, Telegram, etc.) is an almost guaranteed sign of the preliminary stage of fraud.
Fraudulent operations are carried out on legal payment services as card2card operations, synchronously with the victim entering the card data and banking security codes on the fraudulent site. When the victim-buyer realizes that they made an improper transfer, the criminals implement the second stage of fraud with the so-called «return» of the lost funds, and the victim loses funds again.
Currently, the number of phishing sites «under OLX» and the amounts of losses of payment card holders from such fraud continue to grow. According to data prepared by a member of the EMA Association — the OLX company, according to such a scheme, criminals stole from cardholders in February — UAH 637 thousand, and already in March – UAH 1 million 191 thousand. The average amount of fraud significantly grew – from UAH 4 thousand in February to UAH 7.8 thousand in March 2020.
Be vigilant and take care of yourselves!
