“They borrow money from loan sharks to pay for their ‘lover’, ” said the MCA Public Services and Complaints Department head when contacted. “Loan sharks are not as brave as before and no longer do things like pasting advertisements on buildings. “Those who borrow money from loan sharks are usually from the working class. To get their money back, Chong said loan sharks would go after the borrower’s family members, adding that the loan sharks knew the personal information of the borrower’s children, grandparents and parents. Chong urged the authorities to take stern action against loan sharks who blackmail or extort family members of the borrowers.

Source: The Star September 01, 2020 23:19 UTC