U.S. Consumer Finance Website Publishes New Jamaican Phone Scam Alert and Video

PaydayLoansOnline.net has published a new payday loan scam article and video on its site warning consumers of a phone scam originating in Jamaica.

Sep 23, 2013, 08:00 ET from PersonalLoansBadCredit.org

DALLAS, September 23, 2013 /PRNewswire/ --

PaydayLoansOnline.net, the McAfee Secure™ Trustmarked consumer finance site and short term loan comparison platform, has announced details of a new article and video guide now viewable on its website. This most recent scam update and video focus on a phone scam exposed by the Better Business Bureau. The fraud is being operated from Jamaica and the site hopes to bring awareness to American consumers that have been or may be targeted by fraudsters in the future.

According to the article, the so-called "Jamaican Phone Scam" has two variants. The "original" version involves phone calls being made from the 876 area code in Jamaica to American households, with calls purporting to inform the targeted consumer that they have won a prize. The prizes tended to be expensive top-end cars or luxury items such as flat screen T.Vs, but of course no prizes were ever won. The "new" version of the scam  has slightly different characteristics, with some phone calls originating from telephone numbers within the U.S. in order to seem more credible.

A summary of the features of the new scam includes consumers receiving unsolicited phone calls from persons claiming to be calling from a UPS or government agencies and trying to convince consumers to send large amounts of U.S. dollars through prepaid credit cards, Green Dot MoneyPak cards or via a Western Union money transfer facility.

A spokesperson for PaydayLoansOnline.net made the announcement of the article and video in the following statement that was released to the press.

"Our newest scam update on the Jamaican phone scam has been published on PaydayLoansOnline.net. The article and video highlight how consumers can be vigilant and avoid getting duped. Never make advance payments over the phone to secure a loan or give information to unknown or suspicious sounding callers. Consumers looking for payday loans should use our free and reputable introduction service to be matched with reliable and professional companies. There is no need to accept a "cold call" for a loan - it might just turn out to be a scam. If it sounds too good to be true, our advice to consumers is that it probably is."

Read the article and watch the video at: http://www.paydayloansonline.net/jamaican-phone-scam/

Sam Milo
Tel: +1-678-666-0100

SOURCE PersonalLoansBadCredit.org