Very attractive msg offering quick loans, when u click link, it brings to one Danny, sounds young, not conversant in english, he ask for your NRIC front & Back plus names of 2 family members to submit to “His Boss” for approval. He only text u & refuses to meet up in person or let u go to his office. He tells u it is approved & wants to disburse the next day. Then, he asked for several thousands to deposit into their new account, which he promised will be returned when they disburse the loan. After the transfers are done, he tells you that he forgets to collect GST from you. He insisted it has to be paid before the loan disbursement. 7% or S$21000. I asked for invoice & GST number of his company. Bearing in mind, i still don’t know if it was company or personal private loan. He assured me i will get the agreement & GST invoice. When the 4 page loan agreement came, I had already transferred the full “GST” of $21,000.00 to some dodgy personal accounts. Meantime, still no deposits. Next day, he called to inform Boss wants me to pay $15,000.00 premiums for insurance cover. At this point, i realised i had been conned. They just wanted me to send money to them every day with no intention of giving me the loan.
By this time, I had parted $30,000+. I refused to pay the insurance unless the loan is disbursed to me. They resorted to thugs to harass my phone & my husband too. They even sent videos of paints splashings on other house & threatened to visit my home. Just be aware, I did not get a single cent, lost $30,000, and they wanted me to pay them $15,000.00. What did they do? Outright scamming, on the pretext of offering cheap loans. Pure gangsters. Unbelievable.
Editor’s Note: Licensed moneylenders cannot advertise their services online, including social media, via messaging apps, SMSes or cold calls. Some of these scammers will misuse legitimate companies’ details such as name, licence numbers, or even create fake websites in their name to fool users. In order to ensure that you do not get scammed, only contact licensed moneylenders through the details shown on this website: https://rom.mlaw.gov.sg/information-for-borrowers/list-of-licensed-moneylenders-in-singapore/. Licensed moneylenders are NOT allowed to disburse loans remotely but only at the registered office location.