Hidden risks of fast cash for phone line advertisements

Hidden risks of fast cash for phone line advertisements

Yahoo Singapore·2018-02-27 20:35

“Want to earn some quick cash? Just subscribe to telco mobile phone lines, 100 per cent safe and legal.” This is the typical pitch of a number of “fast cash” listings on Carousell that ask users to subscribe to mobile phone lines from telcos and exchange the bundled mobile phones for cash.

Over a week recently, Yahoo News Singapore observed at least 10 such listings on the online marketplace and approached the owners of these listings to enquire more about the offers.

The listings come even as more people are falling victim to such phone subscription scams where they would have phone bills charged to their names despite selling away their phones, prompting the authorities to warn users against participating in such schemes.

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Singapore Internet Mobile scam