Previously Prime Meridian Direct (PMD) Prime Meridian Direct

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Prime South Africa cash loans – possible scam

Prime cash loans scam – not Prime 

A possible scam called ”PMD Cash Loans” has started engaging with the public while unlawfully making use of the Prime [Meridian Direct] name, logo, and branding. Prime has not consented to this in any way. Prime does not currently offer any cash loans to the public.

So, Prime wishes to warn the public about the potential “PMD Cash Loans” scam. Please be extremely careful regarding dealing with “PMD Cash Loans”. We caution against providing this organisation with any personal information too.

Prime has also reported the “PMD Cash Loans” organisation to the relevant authorities because we have reason to believe that it is a fraudulent scheme. It is currently being investigated by the appropriate authorities.

Please contact the Financial Sector Conduct Authority (FSCA) if you are ever suspicious of any company’s intentions to potentially defraud the public by falsely representing itself as an authorised financial services provider.  The FSCA can be contacted on 0800 110 443 (toll-free)  or by visiting their website.

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