Fake goods being pawned

GEORGE TOWN: In the face of a global pandemic and slowed economy, people have become more desperate for cash, with some resorting to pawning fake goods.

Pawnshop worker Tan Choon Yinn, 36, said pawnbrokers have encountered quite a number of fraud cases.

“Some would bring fake jewellery, phones and watches and pass it off as genuine goods, ” she said at a pawnshop in Jelutong here.

“Others claimed they had real Rolex watches but after checking it thoroughly we rejected their claims.

“Some tried to pawn their mobile phones without informing us that their devices had unpaid telco bills for months. Some even brought fake receipts for their phones.

“These incidents happened many times over the past few months this year, so we are extra careful when accepting goods. This did not happen in the past.

“Times are bad and people are desperate. We have had people coming in to pawn old phones that are worth only RM50 to RM200, just to sustain themselves for a week or two, ” said Tan.

In some cases, people did not know that the items they wanted to pawn were fakes.

“One housewife came in to pawn her gold bracelet and was shocked to find out that it was a fake.

“She told us she had bought it earlier from a friend who sold it to her at a price lower than the market value. The friend had promised that she would get better returns when prices rose later, ” she said.

Tan said pawnbrokers were suffering.

“We have been sitting around empty counters for a few months. Not many people come in to pawn things.

“Those who do, mostly pawn their mobile phones because that is what they have left, while others come up with ways to pawn fake goods, ” she said.

At another pawnshop in Gelugor, a worker who wished to be known only as Victor, 30, said business had not been good for the past few months.

“Most people came here just to renew their pawn tickets. Of late, we have not had any new customers, ” he said.

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?


88% readers found this article insightful

Next In Nation

Zoo Negara has enough funds for the next half year but must prepare contingency plan, says Natural Resources Minister
Two high school friends from Ranau reunite at Universiti Teknologi Petronas after six years apart
Transport Ministry committed to helping the disabled, says Dr Wee
Floods: Number of evacuees in Terengganu rises, situation improves in Perak and Kelantan
Transport Ministry ready to help army veterans, says Dr Wee
Appeal by 33 people including Sabah CM over dissolution of state assembly withdrawn
Hamzah: Firms can hire foreign workers if they finance deportation of those held at immigration depots
No mining of non-radioactive rare earth elements until SOPs are followed, says Natural Resources Minister
Ismail Sabri: Action taken against 482 people over MCO violations on Wednesday (Dec 2)
Covid-19: Four new clusters detected with three in Sabah and one in Selangor

Stories You'll Enjoy