Consumer Watchdog forwards consumer complaints to the police criminal investigation department

Recent consumer complaints and subsequent investigations by the Council have revealed that Global Finance is still operating actively and that Fijians are still victims of the frontage orchestrated by this company.

Seema Shandil – Fiji Consumers Council, Managing Director.

The Consumers Council of Fiji referred consumer complaints against Global Financial Ltd (GFL) to the Department of Criminal Investigations.

He just found out that the company operated by a Mr. Bridge, which previously operated as Potential Business Solutions, was still tricking people into its financial services.

GFL claims to be a financial services company – taking deposits and offering loans that never materialize after deposits are received.

Recent consumer complaints and subsequent investigations by the Council have revealed that Global Finance is still operating actively and that Fijians are still victims of the frontage orchestrated by this company.

In the past eight months, the Board has received more than 20 complaints against Global Finance with a monetary value of almost $ 24,000; that consumers have lost.

In one of the last cases before the Council, a consumer paid $ 4,565 as a membership fee and as a surety to obtain a loan from $ 15,500.

Seema Shandil, CEO of the Consumers Council of Fiji, said: “The operator of Global Finance uses his charm, communication and persuasion skills to extract cash deposits from consumers for quick loans; which never succeeds.

“The individual in question is a notorious con artist who roams and prey on vulnerable communities across Fiji; including rural and maritime areas and recent cases reveal that Taveuni and Savusavu are its target areas.

The modus operandi of this company consists of touring the communities and leading numerous workshops.

It attracts people with different products that they have to offer only to disappear when deposits have been received for the so called loan products.

The Reserve Bank of Fiji also issued a statement in November warning consumers about global finance.

Call the board on the free number 155 or file a complaint through the Fiji Consumers Council’s mobile app if you come into contact with one or more people representing Global Finance.
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Mark M. Gagnon