TIPS TO AVOID ADVANCED FEE SCHEMES

If you are not dealing directly with a lending institution on your own behalf, the following guidelines will help you avoid being victimized by an advance fee swindler.

• Know who you are doing business with. Obtain the name of the loan representative and the name, address, and telephone number of the company.
• Don't accept the promoter's claims of guaranteed loan services at face value.
• Insist on being told the name of the lending institution which supposedly will fund your loan.
• Verify with the supposed lender all oral and written representations made by the promoter regarding support from that lender.
• Ask for names, addresses, phone numbers of other customers of the promoter, and contact them to see if they received their loans.
• Consider consulting an attorney or accountant for advice.