March 25, 2024



An email from DirectAxis offering you high loan amounts and very low interest rates right as we enter January probably sounds too good to be true, which means it definitely is and consumers have been warned not to hand over their confidential details to allow someone to part them from the money they have left over after the festive season.

The email, which has been doing the rounds for a few years now, definitely looks like the real thing at first glance. The sender appears to be DirectAxis, and you may have been thinking of getting a loan to tide you over until the financial hangover of December has passed.

But wait! Your name does not appear at the top, the letter is full of really bad spelling and grammar mistakes, and wait for it… you must reply to a Gmail address and send all your personal details to get the loan.

Yes, that red light that started flickering in your head was your scammer sense, and it was absolutely right.

It is from a scammer who wants to steal your identity, which is why DirectAxis now also warns consumers on its website not to fall for this kind of scam, which appears to be making a resurgence.

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