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: Sandra Figueroan <email@example.com> Subject: Loan processing To: [Redacted]
Congratulation’s, your loan has been approved for urgent transfer,
We are now going to move to the next step in this loan transaction
which is the Loan Conclusion Conditions/Transfer processing of your
This loan amount of $50,000.00 will be transferred to you Via Wire
Bank Transfer which is Bank To Bank Transfer. It will be transferred
to you in 30 minutes Banking time after you have meet up with the
demands involve in this loan transaction. Before this loan amount will
be transferred to you, it will have to be insured By the Insurance
Company and all that you need to do is to pay a fee for the INSURANCE
The payment of an upfront fee is required in accordance to our
lending policy and you are required to make only one payment and
nothing else and the funds is guaranteed through wire transfer
process to be a great /successful loan transaction.. You are to note
that in accordance to our lending policy, the only requirement /
charges levied on a borrower outside the country is the INSURANCE
REGISTRATION CHARGES before the loan lender will be granted the legal
jurisdiction to effect the transfer of your loan to you through wire
transfer process and Note that within 30 banking minutes time after
you have made the payment of the INSURANCE REGISTRATION CHARGES, your
loan amount will be transferred to you.
The INSURANCE REGISTRATION CHARGES is always $60 this is the only fee
that is required from you before the transfer of your loan amount will
be done and this is the honest truth so if you are in agreement with
this,and we will make the deposit of your loan amount on your next
email as stated below. Loan processing
https://www.investopedia.com/terms/o/origination-fee.asp act asap
Get back to us so that i will send you the western union information
on how you will send the payment needed now so by 30 minutes working
time your loan transaction will be complete successfully and the loan
will be deposit into your Bank Account,you will be able to cash it
today, just 30 minutes working time OK..
Why is this a loan scam?
- The email address used is a free Gmail address.
- The email gives no indication of who is offering the loan, where they are based or who they are regulated by.