Circle Loans – Central Bank of Ireland Issues Warning on Unauthorised Firm
28 February 2025
Warning Notice
| Warning: | Unauthorised Retail Credit Firm |
| Unauthorised Firm Name | Circle Loans |
| Website | https://circleloans.net |
| Email address used | [email protected]
[email protected]
[email protected] |
| Phone number(s) used | · +353 83 480 6012
· +353 83 813 1978
· +353 83 834 5751
· 004 411 630 00115 |
| Authorisation in Ireland | Circle Loans is not authorised to provide retail credit services in Ireland. |
| Additional information | This scam is an example of an ‘advanced fee fraud’, where a payment is sought upfront prior to providing a loan. The loans are never provided.
The firm used the name of a Central Bank authorised firm and has been seeking to pass itself off as the legitimate firm, E & L Credit Ltd, in order to deceive consumers. It should be noted that there is no connection whatsoever between the Central Bank authorised firm and this fraudulent entity. |
| Further information | The scam entity is connected to other fraudulent entities, similarly carrying out advance fee fraud scams, under the names:
Blue Money Lenders
MLM Group Loans (Clone)
Moore Money Lenders
DDA Loans |
Notes:
- Any person wishing to contact the Central Bank with information regarding such firms / persons may telephone (01) 224 5800.
- For more information on how to protect yourself from financial scams, please visit www.centralbank.ie/financialscams
- The name of the above firm is published under section 53 of the Central Bank (Supervision and Enforcement) Act 2013