ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / NEWS

Elderly woman tries to sell her $30 table on Facebook — she narrowly escaped losing $3,000 a day

The woman got an email that looked authentic with the transaction platform's logo at first.
PUBLISHED NOV 19, 2024
Representational image showing an old woman checking her phone (Cover image source: Getty Images | Iuliia Burmistrova)
Representational image showing an old woman checking her phone (Cover image source: Getty Images | Iuliia Burmistrova)

Online platforms have opened up avenues for people to interact and conduct business with anyone across the globe. But, the anonymity that social media users enjoy has also made others vulnerable to fraudulent schemes in the digital landscape. It is particularly tough for older folks who have spent a major part of their lives without the internet. One such elderly woman, who listed a table for sale on Facebook Marketplace, was caught off guard when she was targeted by a scammer. Sandra Pond from Canada was just trying to get rid of an old table and thought that someone might be interested in buying it online. This is when she decided to post an ad on Facebook Marketplace asking $30 for the piece of furniture. After the listing got a response almost immediately, she thought, "Gosh, I should have asked for more," according to CBC.



 

The potential customer who responded later told her that he wasn't in town and asked if she would hold on to the table for some time. He offered to pay the full amount via Interac (a common online payment method in Canada) in exchange. Pond then sent her email address and immediately received an email indicating that the person in question had sent her $30. Since the email looked authentic with an Interac logo, the woman didn't think twice before clicking on a link and entering her account details.

Hacker using laptop | (Image Source: Getty Images | Seksan Mongkhonkhamsao)
Representational image showing a hacker at work online | (Image Source: Getty Images | Seksan Mongkhonkhamsao)

After she entered her banking information, a loading symbol began spinning on the page and a note instructed her not to refresh it. Pond grew suspicious when the page failed to load and decided to stop the process after realizing something wasn't right. "In retrospect, I was thinking afterward, 'A few minutes while I take all your money,'" she said. Pond then got an email from the bank asking her to change her password and instead of following through, she called her bank. They told her that they had locked the account since someone had tried to withdraw $3,000, which was her daily limit. Thankfully, both Pond and her bank acted just in time to stop the scammer from withdrawing $3,000 every day. 

Phishing credit card for information | (Image Source: Getty Images | Peter Dazeley)
Representational image describing phishing credit card for information | (Image Source: Getty Images | Peter Dazeley)

After Pond reset her account and got everything back on track, she decided to connect with the scammer on Facebook and called him out after which the buyer deleted his account. Pond was relieved after she was able to save her money and wanted to share her story in hopes of spreading awareness. "If you aren’t checking your account every day, this could happen to you," she told the publication. "It just makes you shake, it just makes you think, ‘Wow, how easy it is for them to scam you.'"

According to Statista, the number of cybercrime incidents including online fraud have only increased from 467,000 in 2019 to more than 880,000 in 2023. According to the reports, monetary losses caused by cyber criminals have also seen a spike from $3.5 billion to $12.5 billion in the same time frame.

MORE ON MARKET REALIST
The bill in Oklahoma will reportedly affect thousands, including children entitled to the benefits.
14 hours ago
The guest who thought her gift would be worth $3,500, was left almost shaking in the end.
15 hours ago
The 30-second spot pays homage to the open seating policy while celebrating its new Assigned seating
17 hours ago
President Trump also spoke about the reason why he chose Kevin Warsh as the next Fed chair nominee.
1 day ago
Taxpayers in Texas, Louisiana, or Mississippi who paid self-employment tax can get their money back.
2 days ago
Trump’s overall job approval slipped to 45% in January, down from 47% in December.
2 days ago
While the host found the answers stupid, the survey thought otherwise.
2 days ago
Shopper/TikTok creator, Jimmy Wrigg found beef and ham products to be half their labelled weight
3 days ago
Referring to his previous lawsuits, the president said he would be coming after Noah for "plenty$"
3 days ago
Harvey found the answer so stupid that he couldn't give up his chance to roast
3 days ago
Harvey got hyped after he found something in common with the NFL Hall of Famers.
3 days ago
Winning $20,000 on "Family Feud" is a big deal and emotions can run high. 
4 days ago
Jeff Probst will join Drew Carey to celebrate 50 seasons of Survivor.
7 days ago
The US may lose millions in tourist spending which could in turn cost 150,000 jobs as per WTTC
7 days ago
It's safe to say that Harvey has been yelled at quite a few times at home.
7 days ago
He said it will make the 2008 financial crisis look like a 'Sunday school picnic.'
Jan 29, 2026
National Taxpayer Advocate noted the IRS is battling 27% drop in workforce and new tax law changes
Jan 29, 2026
Harvey almost turned into Michael Jackson after hearing the answer.
Jan 29, 2026