Tuesday, October 09, 2007

Bad loan scam

Here's another example of scam add posted on PostJobFree.com
I removed this scam ad already.

Here's how it works:
You get "Loan" and foreign check.
Then scammer asks you to return part of the money that you got.
You return it... and few weeks later will find out that the original check was fake.

Here's how this scam ad looks like:
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Company Name: Morgan Loans Company

Attn:Financial Support at Your Door Step (Apply For A Fast Loan)I am a private legitimate lender.The Morgan Loans Company World Largest financial Company I give out kinds of loan which include:
AUTO LOAN
BAD CREDIT LOAN
PERSONAL LOAN
STUDENT LOANS
MORTGAGE LOAN
REFINANCE
PAYDAY LOANS

HOME EQUITY LOANS
DEBT CONSOLIDATION
BUSINESS LOANS.
LOAN DETAILS
No obligation application
Easily manage your budget: loan payments are always the same
Increased affordability with extended loan terms
Know exactly when your loan will be paid off
No prepayment penalty for paying off the loan early.
Any interested person,firms,organisation,co-operate bodies irrespective of your country.
Contact us now scammeraddress@yahoo.com
Thank you. Morgan Charmber,Chief Financial Officer,Morgan Loans Company.
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