Cashfloat Tackles Financial Fraud by Exposing Loan Scammers in New Fraud Prevention Centre

Cashfloat launches fraud prevention centre to help UK citizens avoid losing money to loan scams.

  • The ONS (Office of National Statistics) found fraud to be the most common crime in England and Wales
  • The Annual Fraud Indicator reports that the UK loses £190bn annually to fraud
  • Action Fraud received 4,700 reports of loan fee scams in 2017

Western Circle Limited, trading as Cashfloat.co.uk, is a London-based online payday lender who has seen too many unsuspecting UK citizens lose money to loan scammers. Deciding to take action, Cashfloat has launched a fraud prevention centre to identify and expose scams and frauds within the consumer credit market.

The goal of this project is to uncover and raise awareness of as many of these loan scams as possible, providing a valuable service to the community.

Contacts

Kelly Richard, 020-3757-1933

kelly.richard@cashfloat.co.uk

Ofer Valencio Akerman (SEO and Security)

akerman@masterlevelseo.com

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