FAKE lending websites are still live despite official warnings that they con people out of cash in loan fee scams. Last month the Financial Conduct Authority (FCA) warned about the “growing threat” of loan fee scams which cost Brits £3.5million last year. Victims are targeted by fraudsters when they search online for a loan. They receive texts or emails telling them they’ve been approved but must pay an admin fee first of between £25 and £450. They are then persuaded to make other payments to “release” the money – but it never arrives. The average victim lost £740 last year. But despite the FCA’s warnings, a Sun investigation found several suspicious loan websites still running this week. These include:Neo Finance It is thought fraudsters behind the website www.neofinance.loan have copied the name of an unconnected registered company (Neo Finance Ltd) to trick borrowers. The website is not authorised by the FCA and asks customers to hand over their bank details and debit card details, including security code, to apply. The FCA said: “This firm is not authorised by us and is targeting people in the UK.”London Loan Bank Customers have reported losing money in “fees” to London Loan Bank, which… Read full this story
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