Beware FB-fuelled fake loan schemes, couple cheated out of RM3k

  • Nation
  • Tuesday, 02 Jul 2019

KUALA LUMPUR: A fake loan scheme has left a couple RM3,080 poorer after scammers cheated them into paying various “fees” to approve their application.

MCA Public Services and Complaints Department head Datuk Seri Michael Chong said that the husband, who works as a beverage supplier, had come across the loan service via Facebook on June 22.

Din, aged 34, then applied for a RM80,000 loan after being enticed by its low interest rate of 2.96%.

However, on June 24, the “loan officer” told Din that he would need to pay a deposit before his application could be sent in.

“After sending his last three payslips and other personal documents, the scammers told him to pay RM1,280 for the deposit, which he did.

“Then on June 28, the scammers instructed him to pay an additional RM1,800 to facilitate the funds transfer process. Again, Din paid the money,” Chong told a press conference at Wisma MCA here Tuesday (July 2).

However the loan was never banked in. Instead, Din received yet another call informing him of other charges.

A photo of his supposed cheque was also sent to him to entice him into paying these additional fees.

However, Din felt something was amiss and instead made a police report on the matter on June 28.

No face-to-face meetings were ever conducted throughout the “loan application” process.

The supposed payment arrangement was that the loan would be paid back within a 10-year period.

Din had apparently wanted the loan to help pay for his house renovation and other debts.

Meanwhile, Chong said that he has seen 16 similar cases this year alone.

“I foresee many more victims will appear by the end of the year. I advise all to be more cautious about these matters.

“There’s no way you can apply for a loan without any face-to-face meeting,” he said.

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