Many still found borrowing from loan sharks

Tay (right) holding a police report lodged by the victim who borrowed from 18 loan sharks at his office along Jalan Maju in Johor Baru.

JOHOR BARU: Despite numerous media reports and warnings about the hardship people endure in the hands of loan sharks, many continue to fall prey almost daily.

The application process is easy as victims only need to provide pay slips for three months, a copy of their identify card and contact numbers for one or two referrals or family members to get a RM1,000 loan within two hours.