http://forum.lowyat.net/ Mon, 26 Oct 2026 22:38:39 +0800 FeedCreator 1.7.2 http://forum.lowyat.net/topic/2107375 To all the forumer here, either seller or buyer. Here a new tactic used by a conman recently made huge losses for various parties which involved in online transaction.<br /><br />It&#39;s consider of advance cyber scam/ cyber fraud which the fraudster will make benefit from this transaction and Seller and Buyer both will make losses on it.<br /><br />-------------<br />I am using a well-known classic example of a Conman Ng Keng Kiat ( IC.840607-14-5671 ) who wisely make use of this tactics to con several of thousand ringgit in passed few years ago.<br /><br /><br />1st: He/Conman (Ng Keng Kiat) will search for item which he want from the C2C or B2C online trading website ( Lowyat.net, lelong, eBay and etc... )<br /><br />2nd: Once he found a item (for example, Digital Camera) is selling by person &#39;S&#39;, He will post this item to somewhere else/ others online trading website to sell it. ( But actually this item is sell from S, now he post to other website sell it like his own item )<br /><br />3rd: Now Buyer &#39;B&#39; who want to buy digital camera found the item posted by conman from website. Then B will contact the conman and now the conman will ask B to deposit the money to &#39;S&#39; bank account.<br /><br />4th: After B have deposited money to S bank account, The Conman now will collect the item (Digital Camera) from Seller &#39;S&#39;. The seller definitely will give the item to conman as seller already received money ( Seller thought the money bank in from conman ). <br /><br />5th: After collected the item (digital camera), conman will disappear and now buyer &#39;B&#39; will look after seller &#39;S&#39; for the digital camera. Seller who do not know what is happened in the middle for the transaction was innocent in this seem &#39;normal&#39; transaction. This cause losses from both buyer and seller.<br /><br />Lesson, Please double confirm the seller indentity before you make deposit or bank in transfer to the actual seller&#39;s account. This case happened many times with only same tactics from website I am just to alert all the seller and buyer here. ( Try google for the fraud case details ) CCRIS2012 Dispute Resolution Corner Sun, 13 Nov 2011 18:39:08 +0800