The Swedish Financial Supervisory Authority (Finansinspektionen) updated its consumer warning list by adding 32 new names it says are linked to scammers targeting consumers with fake loans and investments. Finansinspektionen highlighted a continuing pattern in which fraudsters offer loans in exchange for fees paid in advance, but then do not pay out any loan. It stressed that legitimate lenders and intermediaries do not operate in this way, and that fees are typically paid after receiving the loan or may be deducted in connection with a disbursement. The authority also noted that scammers can change names quickly, urging consumers to verify firms in Finansinspektionen’s company register of authorised entities and to consult the International Organization of Securities Commissions’ I-SCAN database of global regulatory warnings.
Finansinspektionen 2025-06-02
Swedish Financial Supervisory Authority adds 32 new names to its fraud warning list
The Swedish Financial Supervisory Authority (Finansinspektionen) added 32 names to its consumer warning list, identifying them as scammers offering fake loans and investments. It emphasized that legitimate lenders do not require advance fees and advised consumers to verify firms through its register and the International Organization of Securities Commissions’ I-SCAN database.