Melaka police: Scammers preying on those desperate for loans increasing

MELAKA: Scams preying on desperate people, especially the jobless, by getting them to apply for non-existent loans are on the rise, says Melaka police.

State Commercial Crime Chief Acting Supt E. Sundra Rajan said fraud cases relating to loan applications had increased since the movement control order (MCO) was implemented in March.

"Desperate people who want financial assistance end up losing more money when they apply for such loans.

"Syndicates operating such scams would claim that they have the approvals from relevant authorities to provide the loans," he said in an interview on Monday (Nov 9).

Supt Sundra Rajan said those who applied for the loans were asked to pay processing fees.

"Once the fees are paid, the fraudsters would demand for more payment by claiming that the applicants' names have been blacklisted by financial institutions, and it needs to have clearance first," he said.

Supt Sundra Rajan said cybercrime such as cheating involving the online purchases of gadgets had also seen an upward trend during the MCO.

He said some RM24.3mil in losses were recorded from 896 cases for various offences under commercial crime in nine months since January this year.

This was an increase of 223 cases from last year when there were 673 cases with losses amounting to RM19.2mil in the same period.

Fraud involving online purchases totalled 158 cases for the first nine months of the year with RM10.8mil in losses, added Supt Sundra Rajan.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 46
Cxense type: free
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Melaka , police , scammers , loans , E. Sundra Rajan , MCO


Next In Nation

Covid-19: 15,549 new cases bring total to 2,082,876
Health Ministry investigating viral post offering fake vaccine certificates
Veteran sports writer Ronnie Oh breathes his last
Sabah's recent floods also impacted pets, wildlife
UK relaxes travel restrictions for fully vaccinated Malaysians
103 residents evacuated from their homes after Kemensah landslide
Three days to prepare technical report on Kemensah Heights landslide, says Azmin
Deputy Environs Minister: Seven projects, worth RM259.5mil, to address flood problems in Penang
Fire forces four on home quarantine to flee their houses
PCCCI donates RM50,000 worth of medical supplies to quarantine centre in Ipoh

Stories You'll Enjoy