Police warn of loan frauds
Department of Civil Service on Economic Crime Prevention of ZCA of the Interior Ministry of Ukraine in Zaporizhzhya region together with the investigation department of Leninsky district police department conducted a sanctioned search of Zaporizhzhya office of the firm dealing in "loan" business, informs the press service of the Interior Ministry.
Police found that since 2011 about 1,000 people have been defrauded for the total amount of over 2 million UAH.
According to the scheme, loan was to be granted on the spot and in cash, but the customer had to fill in the questionnaire, and supposedly after confirmation by the security department of the company with limited liability, they were to pay the insurance premium. Its size depended on the desired amount of the loan but not less than 975 UAH. Of course, after paying the insurance premium the borrower never received any money.
According to the Deputy Head of Zaporizhzhya City Department of MIA of Ukraine in Zaporizhzhya region Serhii Natahin, the organization has not received license to conduct financial transactions.
Details of the event were included in the Unified Register of pre-trial investigation on the grounds of Part 3 Art. 190 of the Criminal Code of Ukraine (serious fraud). Sanctions of this article provide for imprisonment for up to eight years.
