(NORTH PERTH, ON) – Perth County Ontario Provincial Police (OPP) officers are investigating an online scam that recently victimized a 44 year old from Listowel. On January 29, 2014 the victim reported to police that he was scammed for just over $1600.
The victim applied online for a consolidation loan through an American based lending company. After completing the initial application he was advised his $10,000 loan was pending an upfront security payment. He was initially instructed to wire $540 and was promised the loan would be quickly deposited into his bank account. After checking his account he called back and was then told he needed to provide an additional $540 before the loan would be released. He called back and then was instructed to wire an additional $550 before the funds would be released. The victim complied once again and to no avail the loan was never transferred to him. He called back and was told it was going to take an additional $400 in loan insurance fees before they could release the funds. The victim refused and demanded his money be returned. The company representatives advised him that he would have his money refunded however the victim hasn’t received a penny and has been unable to speak with representatives from the company.
