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Central Bank: Buying and Selling Loans Is Prohibited
Summary by Mehr News Agency
4 Articles
4 Articles
The Central Bank warned of fraud under the guise of buying and selling loans and declared it subject to legal prosecution.
·Tehran, Iran (Islamic Republic of)
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According to the Central Bank, any transfer, purchase, or sale of banking facilities and their advertising is illegal.
The Central Bank warned against fake advertisements and text messages about "buying and selling loans," stating that these cases could be carried out with the aim of defrauding and abusing citizens' identity and banking information.
Providing identity documents and bank accounts to unknown individuals under the pretext of receiving or selling loans makes citizens liable for potential financial crimes and money laundering as accomplices.
Coverage Details
Total News Sources4
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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