Man fleeced of RM15,000 in loan scam

Scam alert. — DayakDaily.com file pic // Photo: Pixabay

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MIRI, Nov 10: A 53-year-old self-employed man was cheated of RM15,000 in a non-existent loan scheme here.

According to a police source, the victim had come across an advertisement on social media for loans in mid-October this year and decided to apply for a RM30,000 personal loan.

He corresponded with a male suspect who then asked the victim to bank in a sum of money supposedly to be used for legal fees, insurance payments and other miscelleous fees.


The suspect had in fact asked the victim to remit cash amounting to RM2,525 every month for 12 months before his loan application could be approved.

However, the victim realised he had been cheated after he was asked to remit the amount and subsequently lodged a police report recently.

Meanwhile, Miri Police chief ACP Hakemal Hawari when contacted confirmed the police had received the report by the victim.

He said the police are investigating the case under Section 420 of the Penal Code for cheating.

Offenders can be jailed between one and 10 years, whipped and fined upon conviction. — DayakDaily