Lured by low ‘interest rates’, woman loses RM117,000 in two loan scams


SEREMBAN: A 40-year-old woman from Mantin near here has been cheated of almost RM117,000 in separate loan scams.

Negri Sembilan Commercial Crime Investigation Department chief Supt Aibee Ab Ghani said the victim, who runs a motorcycle repair shop, came across low-interest loans purportedly offered by two banks on social media and decided to apply.

“She saw the first advertisement on June 7 offering an interest rate of only 1.38% and applied for it.

“The following day, she applied for a RM100,000 loan from another so-called bank which also offered 1.38% interest,” he said on Tuesday (June 15).

In both cases, she was told to submit her personal details online and informed that her applications would be approved in three days.

“For the first application, she spoke to an individual by the name of Jackie Ang and for the second, she liaised with one Sharon Ang.

“On the third day, she received an email informing her that her applications were successful but that she had to pay for insurance coverage,” he said.

Supt Aibee said the victim was also told to make payments if she wanted the process to be expedited and given the accounts of individuals with other banks.

“After she made the payments, the suspects told her she would have to pay refundable deposits for both loans as well as three months’ instalments upfront,” he added.

Supt Aibee said the victim ended up paying almost RM42,500 for the first “loan” and RM74,500 for the second.

She only realised that she had been conned when the suspects kept asking her to bank in more money.

The victim then lodged a police report on Tuesday morning.

The cases are being investigated under Section 420 of the Penal Code for cheating.

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