Online cash payment provider Ukash has warned of a loan fees scam which tricks individuals into using Ukash vouchers to pay a fee to secure a loan. The company said people searching for loans online are being targeted by fraudsters who claim to be from the loan firm and ask for a fee to be paid upfront using Ukash vouchers. According to Ukash, once the money is paid, the victim does not receive their loan. Ukash cited the case of a Lancashire man who paid £350 to fraudsters and never received a loan. Miranda McLean, marketing director at Ukash, said: “Consumers must never hand over their Ukash codes to criminals posing as loan companies, as they will lose their money. “Individuals need to remember to only spend Ukash vouchers with official merchants, which are listed on our website. Remember, no genuine loan company will ask for a fee to be paid up front.” .......Read More Here