Gadget Scam: How Telegram Channels Lure Buyers Using Stolen Credit Cards

Dissecting the cheap gadget scam targeting buyers on Telegram

Scammers target buyers on Telegram with latest gadgets at cheaper rates.

(Photo: The Quint)

Who doesn’t love a great gadget deal? A massive discount on the device you’ve been eyeing, along with freebies. The downside? It could be a potential trap set by scammers to lure buyers with brand-new products at impossibly low prices. 

Telegram groups have been targeting individuals with too-good-to-be-true offers via “carding” - using stolen credit card information to make unauthorised transactions. Once you agree to the fraudsters’ terms and conditions, you will receive all the required information to track your order. But, does it ever reach your doorstep? 

We analyse the fake discounted gadget scam on Telegram to help you safeguard your bank balance and remain scam-smart. 

Modus Operandi

• Product Listing: Scammers promote “special offers” on “brand new” electronic goods, including the latest phones, laptops, and cameras, through their Telegram channels. The displayed prices are reduced to as low as Rs 2000. 

• Carding: To build a buyer’s trust, scammers explain how products are purchased online through the illegal carding method. They claim to obtain stolen international credit card details from the dark web.

• Safety First: They assure buyers of safety by naming tools that protect the transactions. They also mention that the credit cards used are subsequently blocked.  

• Advance Payment: The message further states that the ‘cash on delivery’ option is not available, and an advance amount is to be paid by the buyer to start the booking process via UPI. 

• Screenshot of Purchase: Scammers then share a fake screenshot or recording of buying your selected product. You are then required to send the remaining amount. They might also share a fake tracking link.

• Ghost Mode: After the buyer sends the money, scammers block their number. In some cases, scammers send packages containing worthless products.

Red Flags

• Prices of the listed products are way below the market value. 

• Demanding advance payments to make bookings. 

• Lacks a credible online presence aside from Telegram. Company or office contact details are not provided.

What To Do

• Pause: Any latest gadget’s price slashed by a large margin should be viewed with suspicion. If you encounter such a deal, avoid making any purchases.

• Alert: If you’ve made any payment, inform your bank and ensure your account is secure. Notifying them can help prevent further loss. 

• Warn: Share your experience to help prevent others from falling into the same trap.     

• Report: If you were scammed or were able to spot this scam, then report the incident as soon as possible through a government portal such as Chakshu (https://sancharsaathi.gov.in/sfc/) and the national cybercrime helpline number—1930. You can also lodge a complaint with the local police station.

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