Central Bank issues 'scam' warning over unauthorised lender 

Bank says Imperial Trust Loans, which purports to offer loans up to €500,000 with 'zero credit checks', seeks an upfront payment but does not provide the loan

The Central Bank said Imperial Trust Loans operated an 'advanced fee fraud' scam. Picture: Leah Farrell/Rollingnews.ie

The Central Bank of Ireland has issued a warning to the public about using the firm Imperial Trust Loans, which is operating on the pretence of offering loans to customers but is instead an example of an “advanced fee fraud”.

On its website, Imperial Trust Loans purports to offer loans up to €500,000 with “zero credit checks” and no guarantors.