IN SHORT: The motorbike taxi industry provides an income for many young people in Kenya. But a Facebook account offering easy credit to buy motorbikes is being run by an imposter.
“With a downpayment from KES 10,000, you can own a boda boda. Apply today and get the best price guarantee for your loan Call or WhatsApp 0104035981,” reads a post from the Facebook account Mogo Loan Motorbike.
The account uses the name and logo of MOGO, an asset finance company operating in Kenya and other countries, to advertise easy credit for motorcycles.
A boda boda is a motorbike used to transport people and goods in Kenya.
Applicants are told to send in their identification documents, Kenya Revenue Authority details, telephone number and the details of a person who will guarantee the loan.
The motorbike taxi industry provides an income for many young people in Kenya. But is the Facebook account – and its offers – legit? We checked.
Scam offers
Although the account uses the logo of MOGO, it doesn’t link to the company’s website.
Africa Check visited MOGO’s website and found links to its official social media accounts, including Facebook.
Its official Facebook page has more than 56,000 followers. Its “transparency section” shows that it was created on 25 March 2019.
The account in question was only created on 16 September 2023 and has just 3,700 followers.
The suspicious account lists 010 403 5981 as its official phone number. But the number can't be found on MOGO’s website. Instead, the company lists 076 846 9112 and 071 908 9999 as its official phone numbers.
The Facebook account Mogo Loan Motorbike is bogus and should be avoided.
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