Two men were the latest victims of loan scam
KUCHING: Two men have become the latest victims of loan scams.
Superintendent Maria Rasid, head of the Sarawak Commercial Crime Investigation Department (CCID), said yesterday that they had been scammed in separate incidents – one in Sri Aman district and another in Lundu district.
The first case involved a 26-year-old entrepreneur from Sri Lanka who lost RM5,940.
According to Maria, the victim allegedly applied for a loan of RM 80,000 online which was offered on Facebook on November 17, 2020.
“The victim then made arrangements with a man called ‘Robert’ via WhatsApp and told the suspect he wanted to borrow RM80,000. The victim was subsequently informed that his request had been approved, but that he had to make some advance payments for the insurance and the loan proceeds would be deposited into a third-party account given by the suspect.
“The victim made a payment in the amount of RM 5,940 through three transactions on unrecognized individual accounts between November 17 and November 20, 2020.
“The victim then became suspicious of the deal and realized that she had been deceived after the suspect asked for additional payments and yet the victim had not received any loan that had been promised to him”, she declared.
The second case involved a 27-year-old businessman who lost RM 1,300 by a similar modus operandi after seeing a company ad on Facebook.
“The victim saw the loan announcement yesterday (November 22) on Facebook, which prompted him to borrow RM 2,000.
“The victim made arrangements with the representative of the company, who should have handled the loans online.
“The victim was asked to make an upfront payment for the approval of the loan process. He made four transfer transactions amounting to RM 1,300 to an unrecognized account given by the suspect.
“However, the victim felt cheated after the suspect demanded additional payment when he (the victim) had not received any loan promised to him,” she said in a statement yesterday. .
Therefore, Maria urged the public to be more careful when considering taking out loans advertised online such as Facebook, WeChat, WhatsApp and others as they could be fraudulent.
At the same time, she said a total of 273 cases of loan scams were reported in Sarawak from the start of this year to November 22, involving total losses of over RM 3.32 million compared to the same period in 2019 where 205 cases and total losses of RM 2.29 million were reported.
“People are advised to obtain loans from a licensed money lending company or legitimate financial institution.
“For your information, a loan advertisement made by an approved money lender on the Internet must obtain an advertising permit from the residents’ office.
“If the loan announcement is made via the Internet, it must contain the company logo, the company name of the lender, the address and contact number of the premises as well as the license number issued by the office of residents, ”she said.
She also said the public was not allowed to lend or sell their bank accounts to any party, known or not, for the purpose of transactions.
“If the bank account is used by criminals, the owner of the account can be charged in court,” she said.
She advised members of the public who are in doubt or who have been deceived to provide information via CCID WhatsApp or SMS to 013-2111222 or to visit the official Royal Malaysian Police portal at rmp.gov.my or ccid.rmp . gov.my and CCID Sarawak Facebook for the latest information and advice on financial fraud.