Loan scam

Equity financial management is posing to offer loans as I was offered a loan amount of R50 000 but was asked to deposit R1090 into a Mr N Siko standard bank account upfront and the money will be deposited into my account within 24hrs.I had a hunch and did not deposit the amount as I'm looking for a loan not the other way round.Please investigate if I am wrong my apologies.

Report ID: 10984
Crime Category: Fraud
Province: Gauteng
City/Town: Kempton Park
Suburb: rhodesfield
Address: cape town
Crime Date/Time: 29 Oct 2015, 14:10 PM
Reported By: noleen
Reported Date: 29 Oct 2015, 13:10 PM
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