Hey guys,

Please beware of this company Bittlanxfunds. They claim to give salary earners and business owners loans to acquire the car of their choice and pay over a 4-year period.

A friend was about to fall victim to their antics before I decided to get involved and carry out some background checks.

Their process seems quite simple, you go to their website https://bittlanxfunds.com to apply for a loan, and within 2 hours they send you a mail requesting some identification documents and a 6-month bank statement.

After a couple of minutes, you will get another email telling you that you have been approved for an auto loan to the tune of 6 Million Naira, payable within a period of 4 years. However, you are required to make a down-payment of 20% of the amount while they provide the 80% to buy your car. Once, you send them 20%, Vooom! Your money is gone as revealed on their Facebook page.

A check on their Facebook page shows they were into Forex trading before suddenly becoming an auto-loan company. One user left a review on their page of how they swindled him of N1.2 Million.

On their Instagram page @bittlanxfunds, their posts were made over a period of just 3 days (about 10 posts within 3 days? something fishy is going on). A further check shows that comments have been limited on all their Instagram posts, which means even if they scam you, you can't come to their page to report or call them out.

I just thought of bringing it here before other people would fall victim to this cheap scam.

chai

Thanks for sharing. You just saved me.