Some vehicle sales via online lucky draw system expose fraudulent transactions

Some vehicle sales via online lucky draw system expose fraudulent transactions
Published 8 February 2024
EMG

Some old model vehicles are being sold through a lucky draw sales system, and there have been cases of fraud transactions, sources said.

It is said that each ticket is sold for at least 60,000 kyats, and at least 1,000 copies are being sold.

"There are 1,000 copies sold. The value of the car is not that much. Old model cars are mostly sold. Each car is worth about 30 million kyats," said a local car dealer.

If the set number of copies is full, the winner will be given a car by broadcasting live.

Some people who have personally encountered said that after such work, the tickets are being sold fraudulently.

"One sold for 40,000 kyats per ticket, so I bought two tickets. They won't arrange the lucky draw on the day they say. When I called them, they don’t answer the phone. I went to the contact page and couldn't contact them anymore. It was all a lie," said a person who experienced it.

Such fraudulent pages are made in the form of car showrooms, and photos are copied and used online from actual car showrooms, said a car dealer.

"People from the rural areas are the most cheated. People from those areas often buy a ticket because they get a car if they win the lucky draw. There are some people who do it honestly. If you win the lucky draw, there are some that actually give you the car," said a car dealer.