MajiMotoyaleo
Member
- Oct 29, 2018
- 9
- 6
Since the launch on October 1 2018, the team has signed up at least 300 users and secured 33 transactions with a gross value of Sh87,700 ($861).
Two years ago, Robert Kamaru, the Director and Founder of Online Pesa Kenya Limited was conned.
The con artist, walked away with his Sh40,000 ($400). This is what inspired his journey towards starting a business named Escrow.
“I saw a great deal on an iPhone posted in a buy-and-sell Facebook group. I expressed interest and discussed the sale for a while before I finally decided to buy. Everything about the seller checked out all right–he had a Facebook page with more than three thousand likes and posted regularly; his profile was complete with real photos of him and he had been on Facebook for 4 years. I had enough reasons to trust him, except they were the wrong reasons.” Mr Kamaru narrated to The Exchange.
Soon after sending the money, Robert could no longer access the recipient anymore.
“Not his profile, not his page, not even on phone. He blocked me and disappeared with my 40K.” he recalled.
This is a common incident when it comes to buying and selling online. Other sellers have also fallen prey to these rogue sellers who pose as genuine only to flee with the money sent to them and switch off their phones. The rate, at which these cases are reported on a daily basis, is alarming.......
Kenyan man cracks the code on warding off online fraudsters
Two years ago, Robert Kamaru, the Director and Founder of Online Pesa Kenya Limited was conned.
The con artist, walked away with his Sh40,000 ($400). This is what inspired his journey towards starting a business named Escrow.
“I saw a great deal on an iPhone posted in a buy-and-sell Facebook group. I expressed interest and discussed the sale for a while before I finally decided to buy. Everything about the seller checked out all right–he had a Facebook page with more than three thousand likes and posted regularly; his profile was complete with real photos of him and he had been on Facebook for 4 years. I had enough reasons to trust him, except they were the wrong reasons.” Mr Kamaru narrated to The Exchange.
Soon after sending the money, Robert could no longer access the recipient anymore.
“Not his profile, not his page, not even on phone. He blocked me and disappeared with my 40K.” he recalled.
This is a common incident when it comes to buying and selling online. Other sellers have also fallen prey to these rogue sellers who pose as genuine only to flee with the money sent to them and switch off their phones. The rate, at which these cases are reported on a daily basis, is alarming.......
Kenyan man cracks the code on warding off online fraudsters