Bogus Motorbike Offers via Impostor Facebook Page Using Asset Finance Company Iboda's Name

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Beware of Scam Pages on Facebook Targeting Motorbike Buyers in Kenya

Facebook has become a popular platform for businesses to connect with potential customers, but it's also a breeding ground for scammers looking to exploit unsuspecting users. One such example is a fake Facebook page that uses the name of a legitimate asset finance company, iBoda Credit Limited, to offer motorbike deals that seem too good to be true. These scams are particularly targeted at Kenyans who are eager to own a motorbike.

The scam page, which goes by the name "Second hand motorbike," claims that individuals can purchase a used motorbike by paying a deposit of KSh5,700 (about US$43) and then repaying the remaining amount in daily installments. According to one of its advertisements, the repayment plan involves paying 150 KSh per day or 4,500 KSh monthly over 15 months. The page also requires applicants to have a Kenya Revenue Authority (KRA) pin, an ID, and a guarantor.

Despite the appealing offers, the page is not associated with iBoda Credit Limited. Instead, it uses the company’s logo, creating a false impression that it operates on behalf of the legitimate business. This kind of deception is a common tactic used by scammers to gain the trust of potential victims.

Signs of a Scam Page

One of the most obvious signs that this Facebook page is a scam is its frequent name changes. According to the page's transparency section, it was initially created under the name "Youth ventures dancers" on 8 January 2020. It later changed its name to "Hon. Kariko mwangi" in 2021 and to "WATU" in 2023 before adopting its current name in April 2025. This constant rebranding is a red flag that the page is run by an impostor.

Another indicator of the scam is the poor quality of the advertisements. Most of the posts are repetitive, lack proper branding elements like logos and colors, and do not include any links to a website. Legitimate businesses typically maintain a consistent brand identity and provide clear contact information.

Additionally, the phone number provided on the page is not listed on iBoda Credit Limited’s official website. This further confirms that the page is not affiliated with the real company.

How to Protect Yourself from Scams

Scammers often use social media platforms like Facebook to lure people with attractive offers. To avoid falling victim to such schemes, it is important to verify the authenticity of any business or offer before providing personal information or making payments.

Some steps you can take to protect yourself include:

• Check the page's history: Look into the page's transparency section to see how long it has been active and if there have been any previous name changes.
• Verify contact details: Cross-check the phone numbers and email addresses provided on the page with those listed on the official website of the company.
• Be cautious of too-good-to-be-true offers: If an offer seems unrealistic or too generous, it is likely a scam.
• Report suspicious activity: If you come across a fraudulent page, report it to Facebook so that it can be taken down.

By staying informed and vigilant, you can significantly reduce the risk of falling for online scams. Always take the time to research and confirm the legitimacy of any business or offer before engaging with it.