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Mohamed Ali Khair warns of scam attempt using InstaPay

Mohamed Ali Khair warns of scam attempt using InstaPay

Journalist Mohamed Ali Khair revealed that he was subjected to an online scam attempt by individuals impersonating employees from the "InstaPay" app. He confirmed that the scammers exploited the lack of information some people have to steal their money. He explained that the scammers contacted him claiming that his "InstaPay" account had been suspended and that he owed fake taxes amounting to 6.5 Egyptian pounds, urging him to transfer the alleged amounts. They also tried to convince him that he had points owed to him, and falsely claimed that "InstaPay" has regional managers outside Egypt. This is not true, as the app operates under the Central Bank of Egypt and has no branches or managers abroad. Khair warned citizens about fraud operations that exploit people's ignorance of financial technologies, emphasizing that "InstaPay" does not offer points nor impose separate taxes; it only deducts fees from transactions. It is simply a bank-backed wallet. He urged citizens to be cautious and not to believe any calls or messages requesting money transfers or personal information.

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