I was looking for vehicle finance on JunkMail and came across a company, Macro Guaranty Trust Investment Broker, that offers personal and vehicle finance.
Contacted them and found out that they expect an upfront "Administrative Fee" before paying out a loan. Other applicants online complained that they paid these upfront fees but never received the loan amount. Their hoax website is: [URL Removed]
Please have look at the offer I received after applying with copies of all my personal dаta:
Congratulation!!! your loan have been approved. Below is the breakdown of the required loan. If this breakdown is ok with you please get back to us ASAP
loan required - R50, 000.
Duration - 60 months
repayment of loan and interest - R72, 360.00
Monthly payment - R1, 206.00
Administrative fees- R4, 986.00
Note if this breakdown it OK with you a copy of a memorandum Agreement contract will be send to you for sing scan and send back. The administrative fees has to be paid and in the next 12/24 hours the loan amount will be transferred into your account.the reason you are paying the administrative payment is to enable our admin department make the fee needed by the insurance company. Regards,
ALBERT
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