Edmonton woman sharing story after $1K loss to loan scam
CBC
An Edmonton woman is sharing her story in the hope it can stop others from falling prey to advanced fee loan scams.
When Doris Sinnett found herself in need of a loan a month ago, she turned to the internet. A search led her to an online lender who seemed like they would be able to help her — for a $500 fee.
"I thought I really did my due diligence. I guess hindsight is 20/20," she said Friday. "It sounded too good to be true."
After sending back the paperwork, she was told that she was approved for the loan. That is until the next day, when she was told she would have to send more money immediately.
"I sent the other $500 right while I was talking to him. I honestly said, 'You just scammed me, didn't you?'" she recounted.
"He said, 'No, dear, I didn't.'"
The Edmonton resident regularly receives training and security updates as part of her job in the insurance industry so she never expected she would become a victim.