“People can earn lakhs of rupees by selling old coins and currency notes.”
What FACTLY found
E-commerce sites like India Mart, Quikr, Earn Money, Coin Bazaar, and OLX facilitate brisk business in old coins and notes. These platforms serve solely as intermediaries in this trade, without involvement in actual buying or selling. They hold no responsibility for any transactions or fraudulent activities in this sector. Therefore, exercising caution is advisable when engaging in such transactions. In August 2021, the Reserve Bank of India also issued a press release warning against online ...
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 11 December 2023. FACTLY (India) looked into it and published its finding on 21 March 2024, 101 days later. Its rating was “MISLEADING”.
Where the claim appeared
- Facebook posthttps://www.facebook.com/watch/?v=1021418215827920
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.