A digital money lending company, Lucky Finance has been accused of defrauding innocent Nigerians. The company which is operated by two Chinese nationalities in Lagos, Nigeria, is allegedly involved in illegal activities and fleecing unsuspecting Nigerians of huge sums of money.
The company have also been accused of tarnishing the image of desperate Nigerians that defaulted in paying loans granted them all in a bid to recover their money.
Some of the victims which also include former staff of the company and loan defaulters made the allegation.
They said; “The company located at Ojodu Berger area of Lagos state with two Chinese managers gives out short loans repayable within seven days. They buy numbers and send bulk SMS to randomly selected telephone numbers and send links to the owners soliciting that they apply for loans.”
“They also stated clearly that beneficiaries must repay the loan within seven days and that whoever fails to repay within the specified period will be defamed on social media.”
“The company operates with about 35 Nigerian staff that are paid N60,000 monthly while their team leaders earn N80,000 every month. Their female staff are posted more in the customer service section while the male ones with some females work in the audit department.”
“Their operational strategies start after calling the randomly picked telephone numbers and sending links to those willing to apply. As soon as those that showed interest click the link, it will direct them to their app, apk, as they don’t have standard application. They will then fill in their information such as BVN, bank details, emergency contact, etc. and the app detects the contact list and SMS of the customer phone.”
“The company has been in this business for years and also collaborates with a Lotto company.”
According to a former staff who preferred to be anonymous said; “I left them after spending six months because of the ill-treatment meted on us.”
“They use and abuse Nigerian staff recklessly. They tell their employers that the time for duty starts at 8.30 am and ends 5.30pm daily. However, the reverse is the case. In their bid to extort more money from Nigerians, we are forced to work till 9pm or more daily without other incentives. We are made to work from Mondays to Sundays, no day off.”
On doubts over the company’s registration, the victims said; “They hide the location of their company from members of the public especially their customers. They cannot reveal how they registered the over 50 SIM cards they use for transaction daily, who regulates their loan interests, how they get their SIM cards. Worse still, we suspect that they must be paying security agents heavily because their activities are so much shrouded in secrecy and we are wondering why security agents have not beamed their searchlight on them.”
A source said; “These people come into the country with names different from what they bear. You always see another name in their passport quite different from the name they bear. So, it is always very difficult to track and locate them but what we do is that, if we get bad information like yours, we get details and swoop on them.”
