JOHOR BARU: A 29-year-old single mother wanted to borrow RM8,000, but ended up losing triple the amount when she was conned by a bogus moneylender. The woman, who wanted to be known only as Peng, said she contacted a money-lending service provider after seeing his attractive loan offerings with low interest rates. “I wanted to borrow money to pay for my monthly house loan installments, which had defaulted by two months. “I was short on money and needed about RM3,000 to settle the bills,” said the mother of a 9-year-old boy. The modus operandi in this type of scam is to have a con man pretending to be the middle man between the borrower and the money-lender.

Source: New Strait Times September 21, 2017 09:00 UTC