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EUR 69.71

21 August, Monday

Ufa   °

Financial pyramids of a new kind expanded in Bashkiria

Business

In Bashkortostan swindlers working by a principle of a financial pyramid with loan debtors of credit organisations became more active, the National Bank RB warns.

Separate organisations offer serving a credit of the client for the much smaller sum. Thus swindlers serve credits of clients only at the expense of money receipt from loan debtors who addressed later.

Such organisations conduct aggressive advertising, especially in social networks. Their offices quickly distributed over the republic.

The press-service of the National Bank RB warns that addressing to such organisations, customers run the serious risk: receivables assignment does not occur, and consequently, the credit organisation has the right to demand repayment of the credit from the borrower. Sanctions provided by the contract can be applied to the borrower. The regulator recommends inhabitants of the republic to execute financial obligations independently.

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