Pakistan has witnessed a rapid increase in online scams over the past few years, and the victims have expressed their feelings towards these scams.
According toThe Express Tribune, a recent study by Visa revealed that 91% of Pakistani consumers are at risk of falling victim to scammers, with 52% having been scammed at least once.
Dewan Muhammad Raza, 24, a 6th-semester student of media studies, said: “A friend of mine referred Treasure NFT to me. At the start, it gave 100% return on investment, but when the investment was increased, the company restricted withdrawals, and in the news, it was reported that this company is a scam.”
He also said, “The amount of five to six lacs pkr was lost in this scam. The government should take action on such companies, and they shouldn’t be allowed to operate in Pakistan.”
Ahsan Chaudhay, 23, an 8th-semester business student, said: “A company by the name of Java was very popular in Pakistan, and the profit ratio was also good. One month into the investment, the company closed its operations in Pakistan.”
He also urged the government to take action against such companies and websites. He also mentioned a recent NFT treasure scam and said that he proceeded with caution and didn’t invest in it, as he had been scammed before.
Qaiser Awan, 24, a psychologist, said: “I invested in an application named Java, the first time the investment was recovered with a good return on investment, but when I invested again with the hope of a hundred percent return on investment, the application was inaccessible.”
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