KUALA LUMPUR: A mechanic seeking a loan ended up owing money to 22 loan sharks who are believed to have been in cahoots with each other to deceive him. Kan was later told that his loan application had been approved but he needed to pay RM4,000 for the processing fees. Jackson told Kan to raise the funds and gave him the contact number of a loan shark. This continued until Kan ended up borrowing money from a total of 22 loan sharks and owing them a total of RM13,150. MCA Public Services and Complaints Department head Datuk Seri Michael Chong said it was likely that the loan sharks offering contacts of other loan sharks to Kan were working together.
Source: The Star January 04, 2019 06:00 UTC