Advance Fee Loan

Scam Type

Advance Fee Loan Scam

Business Name Used

Light Stream Loan Imposter/Spoof

Date Reported

Nov 01, 2022

Victim Postal Code

06238

Total Dollars Lost

0

Scam Description

Applied for a loan and Light Stream Loans called me back. They claimed I was approved for a 2000–5000-dollar loan which would be paid back in 24 moths at 131 a month. They then told me to give my bank info so they can send a small loan to repay back right away so my credit score would go up. Catch was they wanted me to pay with cash app or zelle. I questioned it and they said it needs to show I paid it back. Anyway, I see I have more money in my back account but then I get a notification that I am disputing a payment i made so they didn’t deposit anything and are expecting me to send them money.

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