Never respond to loan advertisements!

Anonymous | 27 Mar 2023

Loan Scam
My helper responded to a Facebook ad for a loan and was directed to a WhatsApp number. She was asked to provide personal information, including her employer's name and contact number, a picture of her work permit, and a letter with our residential address. After rejecting the loan, the money lenders transferred $200 into her bank account without her knowledge. A week later, they demanded $1500 from both of our contacts and sent threatening messages, including threats to burn and lock down our house. We filed a police report, but there have been many similar cases. Never respond to loan advertisements to avoid being scammed as licensed moneylenders are not allowed to advertise their services nor allow to approve the loan remotely!