Loan Scam Involving Upfront Payments to OCN Trading Center (C2C)

Title: Loan Scam Involving Upfront Payments to OCN Trading Center (C2C)

Type of Scam: Other (Loan Scam)

Transactions:

1 Date: October 01, 2024
Amount: $10,000 USD
Sender Name: Pedro Perez
Sender Bank: Navy Federal Credit Union
Beneficiary Name: QI IE RONGRON COMMERCE INC
Bank Name: Metropolitan Commercial Bank
2 Date: October 01, 2024
Amount: $11,000 USD
Sender Name: Pedro Perez
Sender Bank: TD Bank
Beneficiary Name: Hai Furniture Decoration Co
Beneficiary Address: 18207 LA CORTINA ST, LOS ANGELES, CA 91748
Bank Name: Cathay Bank
A/C Number: 1755013
3 Date: October 01, 2024
Amount: $19,000 USD
Sender Name: Pedro Perez
Sender Bank: Navy Federal Credit Union
Beneficiary Name: Hai Furniture Decoration Co
Beneficiary Address: 18207 LA CORTINA ST, LOS ANGELES, CA 91748
Bank Name: Cathay Bank
A/C Number: 1755013
4 Date: October 18, 2024
Amount: $32,000 USD
Sender Name: Pedro Perez
Sender Bank: TD Bank
Beneficiary Name: L-Style Co., Ltd
Beneficiary Address: 2-15-19 KAMIOOSAKI, SHINAGAWAKU, TOKYO, JAPAN 141-0021
Bank Name: MUFG Bank, Ltd
A/C Number: 826571
SWIFT Code: BOTKJPJT
5 Date: October 23, 2024
Amount: $28,000 USD
Sender Name: Pedro Perez
Sender Bank: TD Bank
Beneficiary Name: L-Style Co., Ltd
Beneficiary Address: 2-15-19 KAMIOOSAKI, SHINAGAWAKU, TOKYO, JAPAN 141-0021
Bank Name: MUFG Bank, Ltd
A/C Number: 826571
SWIFT Code: BOTKJPJT

The victim was contacted by OCN Trading Center (C2C) with a loan offer of $300,000–$500,000. The victim was pressured to pay a series of upfront fees totaling $100,000 USD under the guise of completing a loan agreement and accessing funds in an OPA account. Additional demands for payments were made to withdraw funds, which raised suspicion.