Fraud & Cloned websites using fake loan domain name to trick users!

Humans have infinite desires. To fulfill those desires people take loans from friends and relatives. Once that door closes, they approach banks for loans. Official Online websites of banks and financial services state their terms and conditions for the loans they offer. These websites also caution the users to be aware of scams and frauds. There is an increasing amount of online banking fraud and scams with latest technological advancements. Read more how the fake loan domain name phishing is done by online scammers.



Users are often sent emails that are made to look like a legitimate communication from the bank. The users are then asked to fill in their details for KYC or other purposes. The email contains a link, which takes them directly to the website from their email to fill in those details. Once the user opens the link, a website which is an exact copy of the original website of the bank gets displayed to the user. The user fills in the details containing usernames, passwords, banking card details, bank account details etc. without knowing that they are giving out their personal information to fraudsters and scammers.

The collected information of the users is used by these scammers to hack their email accounts and get access to the user’s bank account. Once these scammers gain access they can cause banking fraud and other malicious activity.

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