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Nation

Police bust personal loan scam syndicate

ISKANDAR PUTERI: Imagine getting a support letter from the Johor palace whenever you apply for a personal loan.

Nation

Saleswoman loses RM182,340 in loan scam

ALOR SETAR (Bernama): A 24-year-old saleswoman lost RM182,340 after she was believed to have been deceived in a loan scam by a company offering loans through the WhatsApp application on July 2.

Nation

Sales executive cheated RM8,000 in fake loan scam

JOHOR BARU: A sales executive who wanted to take a personal loan to kick-start her new cosmetic business was instead duped into paying more than RM8,000 to a fake-loan syndicate.To make matters worse, the 29-year-old is still receiving calls from members of the syndicate, who are trying to get even more money from her.

AseanPlus News

Massive online loan scam busted

BEIJING: Police in Lanzhou, the capital city of Northwest China’s Gansu province, cracked down on a large financial scam group, one of the largest cases in its kind in China.

Business

More measures to protect consumers

PETALING JAYA: A new legislation is being formulated to protect consumers and to ensure that they are treated fairly when they borrow regardless from banks, cooperatives, money lenders or credit companies.

Letters

Stronger oversight on loans

From Mohideen Abdul Kader, Acting president, Consumers Association of Penang.