Tuesday, 19 September 2017 | MYT 3:18 PM
He went to them for help, but got scammed instead
KUALA LUMPUR: A man seeking a loan went to three different moneylenders, who have now left him deeper in debt.
The victim, who only wants to be known as "Tan", said he was forced to search for loans through social media after being rejected by four banks since June.
"The loan was for my business and family matters," he told a press conference here on Tuesday.
Starting early September, Tan approached three moneylenders and managed to secure loans from them.
The total intended loan was about RM124,000, divided between the three lenders.
However, none of the three had any intention of giving him the money.
One, Tan alleged, tricked him into paying RM8,600 in fees, claiming this was for administrative purposes.
Another tricked him of RM5,000, half of the requested loan of RM10,000, using the same excuse.
Tan also said that one of the scammers forged documents from Bank Negara to make his business look legitimate.
His case was brought to light by Michael Chong, head of the MCA's Public Services and Complaints Department.
Chong said that Tan's debts to the loan sharks have been settled by a family member, but this ordeal has left him RM16,380 poorer.
Chong said that multiple police reports have been lodged.