Beware of unlicensed moneylenders or fake moneylenders

Anonymous | 23 Feb 2021

Loan Scam

We were in need of cash for our renovation of our new house. saw an sms regar loan from 1a? capital. search in ministry of law and showed the are licensed moneylenders. they send my approval via pdf and started asking me to transfer to uob account 42937555??

$3000 x2

$5400 x2




Lastly asking for $2600 which we didn't transfer as we realised we’ve been scammed.

Editor's note: Scammers can impersonate real moneylenders by creating websites using their names. Before visiting a licensed moneylender’s website, you are also strongly encouraged to verify the website address using only the list of licensed moneylenders found below.

Licensed moneylenders are not allowed to approve loans remotely such as through messaging apps but only at their registered business address. You are not required to put down a deposit either for your loan. 

To ensure that you are speaking to a real licensed moneylenders, only contact them via the contact details shown in this list: