Email Fraud Alert received from: s m k
I recently received an email with this subject line: LOAN TERM/CONDITION & REPAYMENT SCHEDULE Loan Terms And Conditions For Rs. 1,00,00,000 and I am concerned that it could be an attempt at defrauding me. Let me know in the comments section what you think, please.
The full contents of the suspected fraudulent (phishing / scamming) e-mail appear below:
Iurii Investment Company
United Kingdom.
Loan Terms And Conditions For Rs. 1,00,00,000
Dear Applicant:
Sequence to your loan application form that was acknowledge by this office & we are pleased to have a client of your status as we are assured that you will meet up the monthly or yearly repayment plan as we gave much time for an investment plans like restructuring, building, relocation of business e.t.c. We are granting you loan with minimum duration of (10Years). If the loan are needed urgently, please kindly notify us within 24-hours as service is our passion & everything is possible.
LOAN TERM/CONDITION & REPAYMENT SCHEDULE WILL COMMENCE AFTER THREE MONTHS.
The loan repayment is based on a monthly basis & duration which consists of the loan capital with fixed interest rate together. Please find the loan terms/condition below:
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Loan Balance: Rs.1,00,00,000
Adjusted Loan Balance: Rs.1,00,00,000
Loan Interest Rate: 3.00%
Loan Term: 15 years
Monthly Loan Payment: Rs.69,058
Number of Payments: 180
Cumulative Payments: Rs.1,24,30,000
Total Interest Paid: Rs.24,30,469
Note: The monthly loan payment was calculated at 179 payments of Rs.69,058.00 plus a final payment of Rs.69,059.00
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BELOW ARE THE COLLATERAL & NON COLLATERALS PRO.CESS:
(1) OUR SERVICES: We offer two types of services, which is the secured loan or an unsecured loan. A secured loan will require collateral from the borrower and we only accept landed properties. Unsecured loans are not attached to any collateral. They’re ‘unsecured’ loans because we have nothing to go after if you default. But before we give out Unsecured loan we must make sure borrower are reliable and we know how to get our money back if borrower default.
(2) FOR COLLATERAL LOAN: Borrowers are required to come along with a legitimate proof of ownership of the property with a letter of assurance from the insurance company and from any Advocate.
(3) COLLATERAL PROCESS: This required if the applicants is in UK which require an equity based property as collateral his/her loan acquisition. Applicant will be requested to brings all the relevant documents to our office for verification/inspecting the property before loan are been granted without a concerns due to the fact there are many ongoing cases which are still pending in the court with some applicant using house/property as a collaterals when they are unable to pay back and we decided going after the equity/property in questions as the collaterals, it be came a situation that will now involved family claiming the equity/properties belong to their family that, they did not intent to the transaction at first and legal action will commence dragging our firm to court of law meanwhile, when the loan was acquired, there wasn’t such legal battling before the entire process was concluded.
(4) APPLICANTS ABROAD: {Outside United Kingdom} MUST choose Non Collateral Process in accordance with the Lending policy 174/Ur in the amended constitution of the ACT 2004 in the lending policy: This process require Registration and Insurance of loan amount before approval and the loan seeker will be responsible for the loan registration charges to enable us open a transaction file with his or her name.
(5) CHARGES: Borrower will be liable to pay £126 Pounds which is (Rs.10,500) for the Non-collateral Loan Registration fee and after your payment you will be advise to send a copy or your deposit receipt to our bank certified attorney on international remittance (Shao Leong & Associates) in MALAYSIA for the Registration and insurance for your Non-collateral Loan before approvel. This is because the United Kingdom laws are different from Asia pacific laws, and since you are from India and the amount needed is in volume, we will advise you to get all legal documents ready before we will instruct our nearest remittance bank which is located in MALAYSIA to proceed with the transfer of your loan.
(6) DEFAULT: If for any reason Borrower fails to make any payment on time, Borrower shall be in default. The Lender can then demand immediate payment of the entire remaining unpaid balance of this loan, without giving anyone further notices. If Borrower has not paid the full amount of the loan when the final payment is due, the Lender will charge Borrower interest on the unpaid balance of 2 percent (%) per year. The loan must completely refunded back to the lender at the end of the tenure the loan seeker is seeking the loan for without any delay. for this reason, we are giving a maximum duration of 20 Year to the loan seeker so that he /she will be able to repay the loan within that period. Considering the above conditions if they are acceptable to you, you have to give us a fast response so that we can start processing your loan.
(7) BEFORE WE GIVE OUT LOANS: Both the Borrower and the Lender must come to full agreement, secondly all loans are been issued before giving out. And the Insurance charges for Loan will be paid by us the (Lender) and all agreement must be duly sign by our legal department.
If further assistance is required or you have any questions regarding the status of your request. We await your earliest response within 24 hours without any further delays. But if you agree to our loan terms and condition, then we will proceed with the signing of this loan agreement.
Thanks and Best Regards.
Mr. James Feldman
Iurii Investment Company
United Kingdom
+44 871-915-7220
The above email was sent by “Lurii Investment Company” from this email address: kazimismk@yahoo.com
I, s m k , have the following thoughts/comments on this suspected fraudulent email message from “Lurii Investment Company”:
they have asked me to notify when i need the above sum . And they will transfer the money but before that they want me to pay Rs. !0,500/= . The person identified himself with the above name was speaking in english similar to some african language or some se asian or manipuri accent quite local and lacking the polish and accent of a Briton or resident or immigrant or some educated individual .please let me know what i could possibly do.
s m k kazimi