Scammed loan seekers have sounded a warning about a rort in which they lost thousands in so-called insurance payments.
The victims were looking for small loans and made applications online during the last fortnight.
A man with an Indian-sounding accent then contacted them offering them a loan with no security and required only rudimentary details. He purported to work for Christchurch company Credit C.R.E.W Ltd and provided a company incorporation document.
This article is for information purposes only.
Please remember that financial investments may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.