A new fraud has been going around the market, impersonating the well-known financial company Blue Sky Lending, calling people repeatedly, and leaving voicemails.
This article will reveal the phone scam operating under the guise of Blue-Sky Lending and teach you how to spot it so you can protect yourself.
Blue Sky Lending Scam Phone Calls!
People have recently begun to get repeated unsolicited calls from Blue Sky Lending informing them that they have been approved for a loan for which they have never applied. The initial phase of this scam is this phone call.
Even if you never contacted any company about getting a loan, the caller pretends to be a representative of Blue Sky Lending and informs others that you have been authorized for a loan worth thousands of dollars.
After making those calls, the caller requests financial and personal data from the recipients to finish the loan application. The ruse is based on the idea that some individuals may have actually sought loans in the past, so this “approval” will seem authentic.
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Is Real Blue Sky Lending Behind this?
It is important to inform our readers that these unsolicited calls are not from Blue Sky Lending but from scammers. The con artists are only fooling people into thinking they are legit by exploiting Blue Sky Lending’s reputation and trust.
The primary goal of the con artists posing as Blue Sky Lending is to obtain the financial and personal information of victims to commit identity theft and embezzle large sums of money.
By luring victims into their trap with false promises of loans and by utilizing the names of reputable companies—in this example, Blue Sky Lending—scammers deceive individuals into falling into their traps.
Cases of identity theft are increasing quickly, and many victims have already lost important financial information. It is therefore essential to recognize these con artists who are tricking you under the guise of Blue Sky Lending.
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How to Spot Scam Calls?
The initial red flag regarding these fraudulent calls made under the guise of Blue Sky Lending is that they are consistently unsolicited and offer you a large loan for which you have never applied.
Additional warning signs include the fact that the caller will always request your financial and personal information, such as your bank account information, before offering any documentation or information regarding the loan approval.
Furthermore, con artists always employ language that conveys a sense of urgency to get their target to act without giving it much thought. Scammers will occasionally even threaten victims if they reject the requested loan amount.
Therefore, you should recognize that this is fraud if you notice any of these warning signs in any unwanted calls that you receive from Blue Sky Lending.
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