"Agiota Online" (which translates to "Online Loan Shark") is a label used by various unrelated fraudulent actors. These schemes target financially vulnerable individuals by promising quick, easy, and unbureaucratic personal loans through websites, social media, and messaging apps like WhatsApp. The core of the scam involves convincing the victim they have been approved for a loan but must first pay an upfront fee, often disguised as insurance, a registration fee, or a tax. After the victim pays this fee, the scammers cease all contact, and the promised loan is never disbursed. There is no central, legally constituted company named "Agiota Online LTDA" registered as a financial institution.

Founded in

Brazil