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🇰🇬 Kyrgyzstan /Crime & Justice

Kyrgyzstan National Bank warns of new loan scam

From 24.kg · () Russian

Translated from Russian, summarized and contextualized by DistantNews.

At a glance

News Official statement Context piece
  • Scammers are using social media and messaging apps to advertise fake preferential loan schemes.
  • They employ forged documents with the National Bank's logo and fabricated testimonials to appear legitimate.
  • The National Bank of Kyrgyzstan urges citizens to be vigilant, avoid transferring money to strangers, and verify information through official channels.

A new fraudulent scheme is circulating on social media and messaging platforms, targeting individuals seeking preferential loans. Scammers are creating convincing advertisements that promise easy access to these loans, aiming to exploit people's financial needs.

Do not trust such messages and under no circumstances transfer money to strangers.

— National Bank of KyrgyzstanA warning issued by the National Bank of Kyrgyzstan regarding the fraudulent loan schemes.

To lend credibility to their operations, the fraudsters are using counterfeit documents that bear the official logo of the National Bank of Kyrgyzstan. They are also fabricating positive reviews and testimonials to assure potential victims of the scheme's legitimacy. This deceptive practice aims to build trust and encourage unsuspecting individuals to engage with the fraudulent offers.

The National Bank of Kyrgyzstan has issued a strong warning to the public, urging citizens to exercise extreme caution. They emphasize that such messages should not be trusted and that under no circumstances should money be transferred to unknown individuals. The bank stresses the importance of verifying all information exclusively through official sources to avoid falling victim to these scams.

Verify information only through official sources.

— National Bank of KyrgyzstanAdvice from the National Bank on how to avoid falling victim to scams.

Furthermore, the National Bank clarified its role, stating that it does not issue loans to the public, request money transfers, send employee identification through messengers, or serve individual citizens. The regulatory body advises anyone who has fallen victim to such fraud to immediately block their bank card and report the incident to law enforcement authorities.

If you become a victim of fraudsters, immediately block your bank card and contact law enforcement agencies.

— National Bank of KyrgyzstanInstructions for victims of fraud from the National Bank of Kyrgyzstan.
DistantNews Editorial

Originally published by 24.kg in Russian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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