Mechanic seeking to borrow RM15K ends up owing RM13K to FB loansharks


KUALA LUMPUR: A mechanic seeking a loan ended up owing money to 22 loan sharks who are believed to have been in cahoots with each other to deceive him.

The man from Sekinchan was seeking funds to set up a workshop when he stumbled upon a Facebook group offering loans.

“I sent a request for a RM15,000 loan, and a man named Jackson messaged me via WhatsApp asking for my identity card and business card,” said the 26-year-old, who only wanted to be known as Kan, at a press conference in Wisma MCA near here on Friday (Jan 4).

Kan was later told that his loan application had been approved but he needed to pay RM4,000 for the processing fees.

Jackson told Kan to raise the funds and gave him the contact number of a loan shark.

A couple of hours later, another person named Andy messaged Kan offering him a loan.

Kan proceeded to transfer the money to Jackson but he did not receive the RM15,000 loan from him and was later blocked from messaging him.

Andy then kept pestering him to repay the loan and later gave Kan the contact of another loan shark. This continued until Kan ended up borrowing money from a total of 22 loan sharks and owing them a total of RM13,150.

MCA Public Services and Complaints Department head Datuk Seri Michael Chong said it was likely that the loan sharks offering contacts of other loan sharks to Kan were working together.

He said in 2018 he received 14 complaints of unscrupulous moneylenders demanding a preliminary, or “test” payment from interested borrowers.