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P2P Triangle Scams and Fake Easypaisa or Bank SMS in Pakistan – How to Spot Them

Updated 3 Oct 20264 min read

If you sell USDT on P2P in Pakistan, three tricks cause most of the losses: the triangle scam (the rupees come from a third victim), fake payment messages (no money arrives at all) and the “wrong transfer” request. All three depend on you releasing USDT or sending money before checking your own account.

Today’s best selling price is in the “You sell USDT” column of the USDT rate board.

The triangle scam

  1. A scammer opens an order to buy your USDT.
  2. At the same time, they advertise something fake: a cheap phone on OLX or Facebook, a job “registration fee”, a car booking. A real person agrees to pay.
  3. The scammer gives that person your account or wallet number.
  4. The victim pays you through Raast, IBFT, Easypaisa or JazzCash. Real money arrives, so you release the USDT.
  5. The scammer vanishes. The victim complains to their bank and the cybercrime authority (NCCIA, which took over from the FIA Cyber Crime Wing), and the money trail leads to you.

Your account or wallet can be blocked while it’s investigated, and the USDT is gone.

How to stop it

Raast, IBFT and wallet transfers show the sender’s name in your app. Before releasing:

  • Compare the sender’s name with the buyer’s verified name in the P2P order.
  • If they don’t match, don’t release, whatever the excuse (“my brother’s account”, “shop account”).
  • Watch for payments in several parts from different people, unrelated notes (“phone advance”, “fee”), new buyer accounts and pressure to hurry or move to WhatsApp.

Fake payment messages

The buyer marks the order paid and sends “proof”, but nothing has arrived. Common forms:

  • Fake SMS that copy the format of Easypaisa, JazzCash or bank alerts. They can come from any number.
  • Edited screenshots of a successful transfer or a Raast receipt.
  • “Pending” stories: “IBFT is delayed, release now, it will come”.

Only your own app counts. Open Easypaisa, JazzCash or your banking app and check the balance and the transaction list. An SMS is not proof. If the buyer keeps pushing, appeal in the order.

The “wrong transfer” trick

Someone sends you a small or large amount “by mistake” and asks you to send it back, often to a different number. Sometimes the original transfer is from a scam victim; sometimes it’s later reversed. Either way, you can end up paying twice or holding stolen money.

  • Never send money back to a different account.
  • Tell the sender to request a reversal through their bank or wallet; yours will contact you.
  • If it’s linked to a P2P order, handle it only through the order and the exchange’s appeal.

If a stranger’s money is already in your account

  1. Don’t release the USDT.
  2. Appeal in the P2P order with the sender name, statement and payment reference; notify your bank or wallet provider of any dispute or hold.
  3. Get official bank or wallet and exchange instructions before any refund; never use a replacement account supplied in chat. Keep any approved refund receipt.
  4. Save the order number, the order chat and your statements.

If you already released

  • Contact the exchange’s support with the order number at once.
  • Tell your bank or wallet provider what happened.
  • If investigators contact you, give them the full P2P order history. It shows you were selling USDT, not running the scam. See bank account frozen after selling USDT.

Before every release

  • Money visible in your own app, not in an SMS or screenshot.
  • Exact amount, in one payment.
  • Sender name = buyer’s verified name.
  • No unrelated notes, no rush, no WhatsApp deals.

More on the general risks: how to trade P2P safely in Pakistan.

The refund-account switch

A suspicious buyer may tell you that the payment came from a friend, then ask you to refund a different Easypaisa number or bank account. The original sender can still dispute the first transfer. Your new transfer does not automatically settle that claim, and it may leave you paying a second time.

Keep the order open for an appeal, explain the name mismatch, and obtain instructions from the exchange and your bank or wallet provider. If a hold or complaint already exists, don’t move the disputed money on your own. Keep both the incoming and any authorized refund references in the same evidence folder.

What if the sender’s full name isn’t shown? Ask your provider or platform for clarification. A nickname, phone number or screenshot is not a reliable substitute for matching the payer to the verified buyer. Can you rely on a long trading history? It helps assess a counterparty, but it cannot establish where a particular payment came from. The checks still apply to repeat buyers and verified merchants.