Loan Scam – firstname.lastname@example.org
The below loan scam email was sent to an email address that exists only to catch scam emails. It has never been used to register on any site, only to communicate with scammers.
From: Richards Ianroy <email@example.com> To: [Redacted] Subject: Unsecured Loan Procedure
This is to let you know that our lender are currently offering 100% Unsecured Loan with 2%interest rate per annul for a period of 10 years +1 year grace period and no early repayment penalty or upfront charges from your end.
The loan can be used for trade finance, constructions, credit enhancement, government funding, property investment and all-round range of funding. Because this is the first transaction you will have with us,we have an available investor who is willing to fund you for all SBLC Swift charges for monetization for the loan to be wired to your account and you don’t have to spend any money from your pocket.
Step 1 • Borrower complete and submit Loan application form along with Business Plan
or Executive Summary
Step 2 • After Application is approved , client will receive signed contract for counter
Step 3 • Our investor will then fund the borrower the charges to secure the loan
Step 4 • Borrower will receive total 100% loan within 3 working days after the loan
charges are secured.
Step 5 • Contract is closed and borrower will start making yearly interest payment
starting from the next year.
The above procedure can be completed within 5-7 working days from the paperwork and signing up to the fund disbursement.
Please let me know if you are still interested in our services so that i can provide you with
the loan Application to proceed further with the funding process.
Chief Financial Officer
Why is this a loan scam?
- The email address used is a free Gmail address.
- The email gives no indication of who the company offering the loan is, where they are based or who they are regulated by.
- The ridiculous interest rate being offered.