Man loses RM72,999 in bid to secure RM5,000 loan
Last Update: 03/03/2019
KUANTAN, March 3 (Bernama) -- A man got more than he bargained for when he tried to secure a RM5,000 loan from a money lending company but ended up losing RM72,999.
Pahang Commercial Criminal Investigation Department chief Supt Mohd Wazir Mohd Yusof said the 39-year-old victim was earlier attracted by the loan offer via Facebook before providing the information requested.
“The victim who had stopped working last year, was then contacted by a woman who introduced herself as Miss Kriss from Syarikat EZ Enterprise Moneylender.
“The man was then asked to make a payment before the loan application was approved,” he said in a statement here, today.
He said the victim was understood to have borrowed money from his former employer and his family to make the payment and had transferred RM72,999 in 47 transactions into 14 given accounts since May last year until two days ago.
Mohd Wazir said the victim, who until now had not received the loan, only suspected he was being cheated when the suspect asked the victim to make an additional payment two days ago.
The man then lodged a report at the Kuantan district police headquarters yesterday.
The case is being investigated under Section 420 of the Penal Code which provides for a jail term of up to 10 years, a fine and whipping upon conviction.