Entrepreneur loses RM 60,000 trying to get a quick ‘long ah’ loan



KUANTAN (Bernama): An entrepreneur filed a police report claiming he lost RM 60,000 which he paid to a lender, considered a “long ah” (loan shark), allegedly as a processing fee for a quick loan of RM 250,000.

The head of Pahang’s Commercial Crime Investigation Department, Mohd Wazir Mohd Yusof, said the 28-year-old victim claimed to have received a call last month from a lender offering him the loan.

“The victim claimed that since he needed an immediate amount of RM250,000, he accepted the offer, and after discussing the matter with the appellant, an agreement was reached that he (the victim) agreed to make payments of RM7,000 per month for five years.

“The suspect allegedly requested the victim’s personal information and payment of RM 30,000 as a processing fee, which the victim paid on August 17, and a week later the suspect contacted the victim again and reported requested payment of another RM 30,000 as an administrative fee to credit the loan money to his account, ”he said in a statement Friday (September 10th).

Wazir said the victim claimed to have paid the requested amount on the same day through three online transactions.

The victim became a suspect and filed a police report when the suspect contacted him again on Thursday, September 9, asking him to make more payments, he added. – Bernama


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