MELAKA: It sounds unbelievable but a 23-year-old female entrepreneur from Masjid Tanah here paid RM19,681 in processing fees for a RM20,000 loan that she never received.
Melaka Commercial Crime chief Supt E. Sundra Rajan said it was baffling as to why the victim, the owner of a catering company, paid an amount that was almost equal to the amount of the loan she had intended to apply for via an online loan provider, which later turned out to be a scam.
“The case doesn’t make sense but our investigation revealed that the same fraudster had cheated eight individuals using the same tactic, with losses suffered by all the victims estimated at close to RM72,000 collectively.
“This shows that there are still many gullible people falling for loan scams despite media reports on the prevalence of such scammers, ” he said yesterday.
Supt Sundra Rajan said the victim had paid the amount between Jan 30 to Feb 5 into five different bank accounts provided by the conman.
“On Jan 29, the victim saw an online advertisement by a company offering loans.
“She applied for the amount, ” he said, adding that the fraudster’s number had been flagged at ccid.rmp.gov.my/semakmule, the police’s Semak Mule application for identifying potential scammers.
Supt Sundra Rajan said the victim then corresponded with a man who directed her to deposit RM19,681 as processing fees and charges for stamping duty.
He said the victim decided to lodge a police report at Masjid Tanah police station when she failed to receive the loan.
Supt Sundra Rajan confirmed that the case is being investigated under Section 420 of the Penal Code for cheating.