Dhaka      Friday, 17 May, 2024
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Financial fraud spikes by 50% in Bangladesh’s online Eid shopping

IMG
03 April 2024, 11:42 AM

News Desk, Bangladesh Global: As the Eid approaches, the digital marketplace witnesses a surge in online shopping, accompanied by a distressing rise in financial fraud. Recent reports indicate a staggering 50 percent increase in fraudulent activities targeting eager consumers seeking discounts and deals during this celebratory period.

Instances of deception have been rampant, with scammers leveraging enticing offers on social media platforms, particularly Facebook, to lure unsuspecting shoppers into their traps.

The lure of steep discounts, such as a Vivo X Hundred Pro model handset priced at Tk 98,000 being offered for a mere Tk 3,500, or Eid clothing with a 25 percent discount, has proven irresistible to many.

However, the excitement of securing a bargain quickly turns to despair as consumers find themselves duped after making advance payments. Pages promising swift deliveries vanish into thin air, leaving behind a trail of shattered trust and financial losses.

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