No more home-based loans from Ah Long


End of the road: Comm Mohd Mokhtar (right) showing the confiscated ATMs cards and documents from the suspect in Senai believed to be involved in the home-based illegal moneylending business.

JOHOR BARU: Police have detained a 46-year-old man in Senai for operating a home-based illegal moneylending business.

State police chief Comm Datuk Mohd Mokhtar Mohd Shariff said the suspect was caught during a raid on Feb 16, at around 11pm.

Police confiscated 79 ATM cards, 71 envelopes containing photographs and documents of the borrowers, three ledger books, three cash books and a mobile phone.

“The ATM cards belong to the borrowers and the suspect would withdraw money from their accounts,’’ he said in a press conference at the Johor police contingent here.

Comm Mohd Mokhtar said initial investigations showed the suspect did not have any previous criminal records and he has been remanded to assist in investigations.

The case is being investigated under Section 5(2) of the Money Lending Act and carries a fine of not less than RM250,000 and not more than RM1mil, or a jail term of not more than five years or both upon conviction.

He advised those having financial problems not to borrow from Ah Long as there would be grave consequences not only for themselves but also their family members.

Separately, he said police had detained three men between the ages of 21 and 33 in Ulu Tiram for suspected involvement in eight robbery cases.

Comm Mohd Mokhtar said police had also confiscated four parang, one metal cutter and a Proton Wira car.

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