|
The Loan/Finance Scam
Are offers of loans with ridiculously low interest rates too good to be true? Yes they are!
This email scam is becoming very common due to the current economic climate and the difficulty many now face in obtaining loans with a good interest rate. The recipient receives an email from a loan broker offering an irresistible rate of interest and repayments terms that would suit any debt-ridden European country!
It's a standard 419 Advance Fee Fraud Scam - although it can look enticing (in reality many of the emails look ridiculous) if you apply you are usually invited to phone and speak to the broker who will explain all applicants are required to pay a fee to set-up their loan agreement - and yes - it must be sent by cash via Western Union or similar - so you can wave goodbye to your cash and to your loan!
Some victims have received very convincing personalised forged bank documents via email before they are asked to send their fee - don't be fooled!
|
