Things to remember about loans offered by phone or e-mail: (Pay attention to item #4!)
Loans
1. No reputable lender will lend you money over the phone.
2. No reputable lender will lend you money by e-mail
3. On-line lenders are nothing more than conduits for another loan scam.
4. Advance fees for loans are almost always illegal.
5. If you want to borrow money, go to an established brick and mortar lender that has been around awhile.
6. If you receive a call from someone with an Indian accent either a. threatening you or b. offering you something, you know it’s a scam and you should hang up immediately.
7. These people are predators, the calls are not random, they have information that they have bought from various sources and know your financial history. If you have ever taken out a pay-day loan, they have all your information. They know who they are calling. They like to pick on women, single mothers, the elderly and sometimes members of the immigrant community. Also, those who might be in financial difficulty.
8. Report them, the scammers are usually located in India and Pakistan.
You most likely sent the money by untraceable means. Your money is lost. You should, however , make a police report of fraud and contact whoever regulates loans in your jurisdiction. Also, go back to whoever sold you the financial instruments to pay out to the scammer and make a report. You will NOT get your money back, but at least the authorities can warn the public of this scam. It is common in the US too. Please see my and others earlier posts.