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Loan Scams: Allen Finance Investments, Mr. Chukuma Doller

Loan Scams:
Allen Finance Investments,
Mr. Chukuma Doller

Have you received an email or postal letter from Mr. Chukuma Doller at Allen Finance Investments offering you a debt consolidation loan, student loan, mortgage, small business loans or a great credit card rate?  The rate is incredibly low, they say they need very little documentation and can get you money fast?  It is probably a scam.  The offer and their websites (if they have one) may even look real, except they will quickly ask you for personal financial information, social security number, bank account numbers, in addition to your name, address, phone numbers, etc.

Also see this page on Scholarship, Student Loan and Financial Aid scams!


Actual scam email (One example - the scammers constantly change names, dates and addresses!):

Note the yahoo email address, no company website, poor spelling and grammar and unprofessional business language ("just honestly and trust", "Yours Faithfully,")

From: ALLEN FINANCIAL INVESTMENT [ ALLEN@ukonline.co.uk ]

Subject: LOAN OFFER AT 3% INTEREST RATE!

Dear Sir/Madam,

I am Mr. Chukuma Doller ,a representative of Allen Finance Investments,a certified loan organization that offers loan to individuals & co-operate bodies who need loan for small scale businesses,personal investments for just 3% interest rate.We give out local and international loans to people all over the world.We give out loans via online account transfer to what ever country you are in.Our organisation is not a bank and we do not require much documents but just honestly and trust.We deliver loan to our applicant within 24 hours of receiving your application form.If interested,Kindly Contact me vian email: chukumadoller09@yahoo.com.hk

FULL NAME,FULL CONTACT ADDRESS,OCCUPATION,HOME PHONE NUMBER, CELLPHONE NUMBER,MARITAL STATUS,SEX,BANK NAME,AGE,TOTAL INCOME, AMOUNT NEEDED AS LOAN,LOAN DURATION.

Yours

Faithfully,

Mr.Chukuma Doller.


How do loan scams work? 

The scammer sends you an email or letter, or you respond to an advertisement on tv, radio, newspaper, magazine or online.  The ad often uses the names of large, reputable and well-recognized lenders. To respond to the advertisement, victims are directed to call a "third-party consultant" who solicits application information including social security numbers. During this telephone call, the "loan" is always approved.

The "third-party consultant" then faxes a loan package to the victim, or directs the victim to a website to enter the information. The package includes a request for bank account information.

Finally, victims must wire a required advance payment or a deposit through Western Union or Money Gram to the consultant. The victim never obtains a loan, and the scammer disappears with the application fees and down payments.

See this page for much more information about this type of scam.


How to report a loan scam


Loan Scam names

  • EducationalDirect.net

Other related information