.....for £30,000 to recover loans made by fraudsters

Dozens of fraud victims who had Wonga loans taken in their names and saw their bank accounts raided for more than £30,000 have been met with a wall of silence by the lender. This is Money has been investigating Wonga fraud after being contacted for help on 41 similar cases, but the lender refuses to explain how and why they are occurring, or to provide proof they have been reported to the police. Details of the victims have now been passed to the Office of Fair Trading and officials are now looking at the cases as part of their on-going investigation into the payday lending industry. Of most concern is how fraudsters manage to cash in on loans that someone else ends up responsible for, how loans are granted with seemingly minimal personal details and whether every case is being officially reported. Most victims only became aware of the fraud when the payday lender raided their bank account to make good on its loss......Read more here