Basik Finances – Central Bank of Ireland Issues Warning on Unauthorised Firm
05 July 2024
Warning Notice
| Warning: | Unauthorised Retail Credit Firm |
| Unauthorised Firm Name | Basik Finances |
| Website | https://basikfinances.com/ |
| Email address(es) used | · [email protected]
· [email protected]
· Livechat: https://t.me/loanteam1 |
| Phone number(s) used | · 083 124 7293
· 086 387 6820 |
| Authorisation in Ireland | Basik Finances is not authorised to provide retail credit or any other financial services in Ireland. |
| Additional information | This scam is an example of an ‘advanced fee fraud’, where a payment is sought upfront prior to providing a loan. The loans are never provided.
The firm cloned the details of two Central Bank authorised firms and has been seeking to pass itself off as the legitimate firms, Leinster Credit Limited and E. & L. Credit Limited, in order to deceive consumers. It should be noted that there is no connection whatsoever between the Central Bank authorised firms and the fraudulent firm. |
Notes:
- Any person wishing to contact the Central Bank with information regarding such firms / persons may telephone (01) 224 5800.
- For more information on how to protect yourself from financial scams, please visit www.centralbank.ie/financialscams
- The name of the above firm is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013