Cheap Netflix seekers scammed by online sellers

Apr 22nd at 08:42
22-04-2020 08:42:52+07:00

Cheap Netflix seekers scammed by online sellers

Many Vietnamese netizens have been cheated after paying online Netflix account sellers a fraction of the original price only to find their access blocked.

Cheap Netflix seekers scammed by online sellers
The Netflix app icon is displayed on a smartphone. Photo by Shutterstock/BigTunaOnline.

Ha Phi Long from the southern province of Dong Nai paid VND60,000 ($2.55) for a monthly Netflix subscription, but the very next day the access password was changed.

Long had paid the money, a third of the lowest fee that Netflix charges, to an unknown account seller after seeing an ad on Facebook. When he tried to contact the person, his calls were blocked.

"The seller might have sold this account to several users and one of them could have changed the password. Or maybe the seller changed the password himself to trick another user," Long said.

Hanoi resident Hoang Anh is another victim. He paid VND360,000 ($15.3) for a 12-month subscription, which is one-sixth of what Netflix charges, to an online seller who had a lot of positive feedback from users.

Anh transferred the money to the bank account of the seller, who had shown him his ID to establish credibility. But Anh later found out that the password he received was wrong, and the seller was unreachable.

He took to a Facebook group to report the fraud and found hundreds of others who’d been tricked the same way.

"We were able to contact the person in the ID, but it turns out this was another victim who was also tricked. The seller used his information to create a bank account under his name," Anh said.

Anh now realizes that all the positive feedback on the page was probably fake too.

Netflix was launched in Vietnam in 2016. If offers subscriptions at VND180,000-260,000 ($7.6-11) per month, which some consider high.

Netflix accounts scams have existed for years, but more fraud has been reported recently due to rising interest in the service during social distancing campaign.

Searches for the keyword "Netflix" was at an all-time high in Vietnam in the first two weeks this month when the government called on citizens to stay at home to curb the spread of the novel coronavirus, according to Google Trends.

Thanh Hai, an account seller, said that the most expensive subscription allows people to watch on five devices at the same time. But because there is a low chance that happens, sellers take advantage of the policy and sell the account to dozens of users.

Netflix has not commented or issued any warning on the dirt-cheap accounts being sold publicly in Vietnam, but starting February, it stopped the one-month free trial policy in the country.

Vnexpress





NEWS SAME CATEGORY

Moody’s affirms BIDV’s ratings

The Bank for Investment and Development of Viet Nam (BIDV)'s long-term local and foreign-currency deposit and long-term issuer ratings were maintained, according to...

Tax cuts proposed from SMEs to accelerate growth after COVID-19

The Ministry of Planning and Investment has asked for corporate income tax (CIT) to be cut for small and medium-sized enterprises (SMEs) by half this year in an...

Reference exchange rate up 8 VND on April 21

The State Bank of Vietnam set the daily reference exchange rate at 23,246 VND per USD on April 21, up 8 VND from the previous day.

Banks start to release business plans for 2020

Major banks are still expecting to report growth in the first quarter and for the rest of 2020 despite the disruptions caused by the COVID-19 pandemic.

Guidance sought in averting tax risks

The ongoing pandemic has prompted the Vietnamese government to push back deadlines for tax and land use fee payment. Notwithstanding, firms can find themselves in...

Ministries propose tax breaks for coronavirus-hit businesses

Several ministries have proposed that businesses are given value-added and income tax breaks, and deferment of tax payment by up to one year.

ADB pledges financial help for Vietnam’s pandemic response

The Asian Development Bank (ADB) has deployed financial support packages to help Vietnam respond to the Covid-19 pandemic.

The state of play in the Vietnamese e-wallet arena

The competition in the e-wallet market is heating up with Moca, MoMo, and ZaloPay among the big players scaling up to win over new customers.

Japanese bank Mizuho to stop lending to coal power plants

Japanese financial giant Mizuho Financial Group will stop investing and offering loans to new coal power projects as well as end all loans for coal by 2050.

State Bank of HCM City sets up hotline to support businesses affected by pandemic

The State Bank of Viet Nam's branch in HCM City has set up a hotline (028) 38.211.230 to provide assistance to enterprises, especially for those badly affected by...

Bank stocks

Insurance stocks


MOST READ


Back To Top