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COD (Cash on Delivery) SCAM
A cash-on-delivery transaction can take different forms and may affect a company’s accounting in different ways. Public companies are required to use the accrual accounting method under generally accepted accounting principles (GAAP). With accrual accounting, a company recognizes revenue at the time of the transaction and records the payment in accounts receivable if the payment…
OTP Scam
Your phone is infected by malware. The malware can then read your messages that contain the OTP and compromise your account. You are duped into revealing the OTP to a fraudster on-call/SMS/Email. Hackers can contact you via SMS, pretending to be your friend or relative, and will ask for a one-time password (OTP) they may…
A lottery scam.
A lottery scam is a type of advance-fee fraud that begins with an unexpected email notification, phone call, or mailing (sometimes including a large check) explaining that "You have won!" a large sum of money in a lottery. The recipient of the message—the target of the scam—is usually told to keep the notice secret, "due…
OLX Scam
OLX Scam, even though it is linked and widely named with Web site this scam happens with various different second hand products selling web sites. In these scamms, the scamsters usually posing as iether some government official, Army person and contacts the seller who is trying to sell a product on OLX, or other second…

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