Loan Scam – niconinsurancefinance330@outlook.com

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.

Email headers

Reply-To: Niconinsurancefinance330@outlook.com
From: Nicon Insurance Company <josephfriday680@gmail.com>
Subject: Nicon Insurance Company
To: undisclosed-recipients:;
Bcc: [REDACTED]

Email body

Apply for Loan,
Have you been turned down by banks? Is your credit so bad that, your
bank or any loan company won’t help you out with a loan? Or do you
simply need financial assistance to help you live a better life? Worry
no more. We Offer Loans from $3,000.00 Minimum to$20,000.00USD Maximum
at 5% interest rate.

Contact us now for your quick loans! NOTE: All replies should be
forwarded to the Company’s inquiries via
E-mails:(Niconinsurancefinance330@outlook.com)

Nicon Insurance Company

Why is this a loan scam?

• It was sent from a totally different email address to the one that you are asked to reply to.
• The email address used is a free Outlook address.
• The email was mass-mailed to many recipients using BCC.
• The email gives no indication of where the “company” offering the loan are based or who they are regulated by.