Four loan sharks arrested for hitting frame maker

IPOH: Police have arrested four loan sharks for allegedly threatening and slapping a 47-year-old frame maker.

Acting Perak Commercial Crime chief Dept Supt G. Moses Govidarajoo said the victim took loans from 11 loan sharks.

Supt Moses said after he failed to repay the loans, they resorted to threatening and hitting him.

Police arrested two illegal moneylenders on July 26 at about 10pm while two more Ah Longs were nabbed here at about 4.30pm on July 28.

Police are looking for the remaining seven.

"The man had borrowed between RM1,000 and RM5,000 from each of the moneylenders, but was told to return RM63,000.

"The four suspects, aged between 18 and 28, are from Perak, Selangor, Kedah and Johor.

"Several police reports have been lodged against them for similar cases in Alor Star, Bedong in Sungai Petani and Salak South in Kuala Lumpur," Supt Moses told a press conference on Monday.

The remand for the four suspects ends on Tuesday.

The case is being investigated under Section 5(2) of the Moneylenders Act 1951 for operating without a licence.


Loan sharks , Threats , Frame maker