RM100,000 paid for RM10,000 loan

SEREMBAN: A 36-year-old teacher received an insurance payout of some RM150,000 following her husband’s death in July and had planned to save the money to raise their three children.

However, her plans are now in disarray after she lost RM105,461 to a non-existent loan scheme.

State commercial crime chief Supt Aibee Ab Ghani said the victim from Bahau near here had come across a loan scheme advertisement when surfing the Internet on Aug 24 and decided to apply for a RM10,000 loan.

“The victim was attracted to the terms and conditions of the loan and sent a message to two numbers displayed in the advertisement which belonged to persons named Elwin and Allen.

“She was then asked to send copies of her salary slip and identity card so that her loan could be processed,” he said.

Supt Aibee said within a few days, the victim was then told that her loan application was successful.

However, she was told that before the money can be handed over to her, she would have to pay stamp duty as well as processing, agreement and financial fees.

“She then made online cash transfers to 12 bank accounts.

“The total amount she transferred in 30 transactions totalled RM105,461,” he said, adding that she last transferred money on Oct 8.Despite having transferred the amount, Allen continued asking for more money.

The victim finally realised that she had been duped and lodged a report on Oct 19.

Supt Aibee said the victim could not provide an answer as to why she was prepared to pay more than RM100,000 in processing fees when the loan she had applied for was only RM10,000.

The case is being probed under Section 420 of the Penal Code for cheating.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 18
Cxense type: free
User access status: 3

Did you find this article insightful?


92% readers found this article insightful

Next In Nation

Covid-19: Lackadaisical attitude of public leads to MCO violations despite rising number of cases
International drug syndicate busted in Melaka, RM2mil in drugs seized
Hindu civil servants in Melaka get holiday for Thaipusam
Police reports lodged over banner asking party president to step down, says Seremban Umno
House break-in gang in Klang busted with four arrested
Start date for second semester in higher education institutions under review due to high Covid-19 cases, says Noraini
S'wak govt presents RM10mil grant to Chinese schools
FMM tells members to tighten SOPs at workplace, workers' quarters to help fight Covid-19
Don't leave migrant workers, refugees, foreign spouses out of Covid-19 vaccination plan, urges NGO
Melaka top cop: We will not be selective when issuing compounds against MCO violators

Stories You'll Enjoy