KUALA LUMPUR: Loan scam syndicates are duping victims into parting with their money by imposing "an initial fee" before the so-called loan can be approved, says the police.
Bukit Aman Commercial Crime Investigation Department (CCID) director Comm Datuk Mohd Kamarudin Md Din said the syndicates would come up with various excuses for the initial fee, including covering the cost of lawyers and insurance.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
