Man targeting small loan candidates accused of being scammer

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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of Getting Money Wise. The information provided on Getting Money Wise is intended for informational purposes only. Getting Money Wise is not liable for any financial losses incurred. Conduct your own research by contacting financial experts before making any investment decisions.

getting money wise

Welcome! Get your FREE access to EVERYTHING we publish…

Our goal is to show anyone how to make investing profitable. You’ll get our FREE weekly newsletter with latest news and information on investment topics along with special offers. Please take time to read our privacy policy . The information you provide us will be processed in accordance with this.