Scam Tip Report #87709 - Loan Scam


Scam ReporterScam Tips Received
Falcons-fan
Lilburn, GA, United States
2017-10-17 23:45:39
Nigerian/419 Scam
+2 Loan Scam 
 Scammer
  Information
Name:
Mr. Mike Morgan
Email Address:
mike.mm16172@gmail.com
Country of Scam:
United States (US)
SPF: UNKNOWN with IP 211.151.62.148 CHINA
Originating IP: 197.211.56.106 (Scammer IP Block) NIGERIA (ISP: Globacom Limited)

Are you looking for a reputable company that gives out loans with low interest rate of just 2%, then you are at the right place, FINANCIAL HOME SERVICES COMPANY, located in the United States of America, give it a try and you will not be disappointed by us, contact us via email ........... mike.mm16172@gmail.com ....phone number +1 813 344 0447 ... office addresses.... 300 Carnegie Center, Suite 240 Princeton, NJ 08540 United states of America ... Regards......Mr. Mike Morgan
Follow Ups/Extra Information. Most recent is listed first.
The Arab Investment Company (TAIC) Monday-Saturday: 7:30 am-10:30 pm {Processing time}. Sunday: 12 noon-6:30 pm {Processing time}. Address: 300 Carnegie Center, Suite 240 Princeton, City: Princeton NJ State: New Jersey Country: United states of America Phone:+1 813 344 0447 Email: mike.mm16172@gmail.com Our Ref:TAIC9878/XC9/7898 Your Ref: CUS4536/TAIC/8903 Date:17th Day Of October 2017 Website: www.taic.com Purpose: Funding
Dear
I am in receipt of your Filled Loan Application Form, and below this email is the Loan Terms and Conditions for your Loan Amount of £350,000.00 And I want you to be rest assured that you are in the right place of getting funded as soon as possible and you will never have any regret of taking this Loan from my Company.
I also want to use this opportunity to welcome you, I can fully assure you that you are in the very right place, and you will not have any cause to worry about and secondly you won't have any regret taking this loan from me. again you are very much welcome. Still Sorry for responding late as it was too much work on my desk.
HERE ARE THE TERMS AND CONDITION.
APPLICANT'S DETAILS:
* Name Of Applicant:, * Amount: £350,000.00 * Loan Duration: (72 Months)
LOAN TERMS AND REPAYMENT SCHEDULE
The loan repayment is based on a monthly basis which consist of the loan capital and interest rate together. Like its written, the loan duration period is for 72 months. So find the interest rate and payment schedule below:
Loan Balance:£350,000.00 Loan Interest Rate:2% Loan Insurance Charges:£1,124.34 Loan Term:6 years Monthly Loan Payment:£5,162.65 Number of Payments:72 Cumulative Payments:£371,711.16 Total Interest Paid:£21,711.16
Note: The monthly loan payment was calculated at 71 payments of £5,162.65 plus a final payment of £5,163.01.
Furthermore be informed that in line with the rules governing this organization, you will be required to make payment on monthly basis.
LOAN AGREEMENT/CONDITIONS:
{1} The applicant will start the repayment of loan at the end of every month starting from 7 months after loan has been transferred.
{2} Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately.
{3} Applicant who is unable to meet with the repayment will be given 3 weeks more as a grace period before legal actions will be taken.
{4} Note: I will be making the payment of your Approval fee of £1,830.11 so your loan papers can be processed.
{5} You are only expected to make the payment for the Insurance Charges so your loan can be insured by the International insurance department as soon as possible for immediate transfer to your bank account. And the amount you are to make is just a token £1,124.34 for your loan Insurance.
You are to send the loan Insurance Charges with the details below. You are to send the payment via Western Union Money Transfer or Money Gram. you are sending the payment to my head Breach
Receiver's Name: Logistics Express Country: Russia City: Moscow Amount:£1,124.34
Once you make the payment this information indicated below is what you are to send to validate your payment made.
SENDER NAME: SENDER ADDRESS: MONEY TRANSFER CONTROL NUMBER:
In regards to your loan transfer, you are to send down your banking details for immediate transfer if funds.
Account details.
BANK NAME: BANK ADDRESS: ACCOUNT HOLDER NAME: ACCOUNT NUMBER: ROUTINE NUMBER: TYPE OF ACCOUNT:
In agreement to this, applicant is expected to sign and send a signed copy of the loan terms and also a scanned copy of any legal identification to us for further documentation. Once this is received, we will inform you when your loan will be approved and ready for transfer. Note: In case you are unable to print and send a scanned copy back to us, you can as well use your name in place of your signature in agreement and send it back to us.
................................................... Applicant Sign ................................................... Date
Upon receipt of the above information we shall immediately request for your account information so that the funds could be wired to you and attach to this email is the loan agreement contract you are to print it out sign and send down a copy with a copy of any of your ID Passport or any valid ID
Kindly get back as we await your swift reply to this mail.
Yours Sincerely, Mr. Mike Morgan Executive Zonal Coordinator Manager Financial Affairs The Arab Investment Company S.A.A also Located in King Abdul Aziz Road P.O.Box 4009 - Riyadh 11491 Kingdom Of Saudi Arabia

Falcons-fan   (Lilburn, GA, United States) Added the following extra information on :2017-10-17 23:57:23
 Scammer
  Information
Name:
Mike Morgan
Email Address:
mike.mm16172@gmail.com
Telephone:
8133440447
The Arab Investment Company (TAIC) Monday-Saturday: 7:30 am-10:30 pm {Processing time}. Sunday: 12 noon-6:30 pm {Processing time}. Address: 300 Carnegie Center, Suite 240 Princeton, City: Princeton NJ State: New Jersey Country: United states of America Phone:+1 813 344 0447 Email: mike.mm16172@gmail.com Our Ref:TAIC9878/XC9/7898 Your Ref: CUS4536/TAIC/8903 Date:17th Day Of October 2017 Website: www.taic.com Purpose: Funding
Dear
We are in receipt of your correspondence, firstly the management board and staffs of The Arab Investment Company, uses this medium to express their gratitude for you been a part of our company services for year 2017.This Company can fund this deal without prejudice. The Arab Investment Company, is a finance/investment company that provides funding for real estate investment as well as for other business ventures through loans and joint venture equity participation. The investment strategy of The Arab Investment Company,seeks to achieve superior risk-adjusted returns across the entire capital structure while preserving capital.The Arab Investment Company, is focused on Creating a concentrated portfolio of highly uncorrelated securities reflecting the broad nature of investment opportunities TAIC is exposed to a wild range of project financing over the years. Our approach begins by identifying an acceptable level of risk, and then building outwards by adding a highly diversified range of asset classes that allow us to maximize returns within these parameters. The prospective funding will be disbursed at a 2% interest rate.
Criteria - Borrower must be above 18 years. - Borrower must have a valid ID. (1 Forms of ID are required) - Borrower must have a job and have a good monthly income. - Borrower should be ready to sign the loan Contract/Agreement papers for the loan during the processing.
- Borrower Must Agree to the Loan Terms and Conditions.
For a Personal Loan - Choose Between $2,000 and $900,000.00 - Choose Between 1 and 30 years to payback. - Accept a Low APR of 2%
For a Business Loan - Choose Between $10,000 and $800,000,000.00 - Choose Between 1 and 45 years to payback. - Accept a Low APR of 2%
INFORMATION NEEDED:
We will offer you the desired loan amount with no regard to your present Credit Status.
HOW DO I APPLY
Please Fill this application Form below:
{BORROWER'S DATA INFORMATION}
Full Name: Prefix. Business Name (If Any): Loan Amount Needed: Purpose of Loan: Duration: Date of birth (yyyy-mm-dd): Gender: Marital status: Next Of Kin: Location: Home address: City: State/province: Zip/postal code: Country: Phone: Fax: Mobile/cellular: E-mail: Occupation: Company name: Monthly Income: Work address: Mode of Fund reception: Diplomatic Courier Delivery Service: Electronic Bank Transfer: Do you own an Equity Line of credit account ?
We believe we have been able to answer most of the questions that are frequently asked by loan applicants before securing a loan. In agreement to the above rules/policies, you are expected to fill the form provided above.
Thanks for your understanding and for choosing this firm,
Yours Sincerely, Mr. Mike Morgan Executive Zonal Coordinator Manager Financial Affairs The Arab Investment Company S.A.A also Located in King Abdul Aziz Road P.O.Box 4009 - Riyadh 11491 Kingdom Of Saudi Arabia

Falcons-fan   (Lilburn, GA, United States) Added the following extra information on :2017-10-17 23:49:43
 Scammer
  Information
Name:
Mike Morgan
Email Address:
mike.mm16172@gmail.com
Telephone:
813 344 0447

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