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Jiuhu kIa jin Koh Lian... Family harress by Loanshark
- Thread starter k1976
- Start date
A man and his family nearly lost their home in Malaysia on two separate occasions this month, after he clicked on a Facebook link in hopes of taking a loan.
Kwan, who worked as a baker in Singapore, had tried to borrow $10,000 by clicking on an advertisement on the social media platform in May, Malaysian media reported on Monday (Sept 18).
He filled up a form to apply for the loan, but later tried to cancel the application after noticing something amiss in the terms and conditions.
Kwan, 29, then received a phone call from the 'moneylender', insisting that he pay a $2,000 cancellation fee.
"They claimed that the fee could be paid in installments," Kwan's wife, Chong, shared in a press conference on Monday.
"My husband first transferred $200 to their bank account, but they claimed that they did not receive the money. Because of that, my husband refused to pay any more of the fees."
Kwan, who worked as a baker in Singapore, had tried to borrow $10,000 by clicking on an advertisement on the social media platform in May, Malaysian media reported on Monday (Sept 18).
He filled up a form to apply for the loan, but later tried to cancel the application after noticing something amiss in the terms and conditions.
Kwan, 29, then received a phone call from the 'moneylender', insisting that he pay a $2,000 cancellation fee.
"They claimed that the fee could be paid in installments," Kwan's wife, Chong, shared in a press conference on Monday.
"My husband first transferred $200 to their bank account, but they claimed that they did not receive the money. Because of that, my husband refused to pay any more of the fees."
It was in September that things started to get out of hand for Kwan, however.
The 'moneylender' turned out to be loan sharks, and they had managed to find Kwan's home address in Pahang and harassed both his wife and his children.
Aside from phone calls, the loan sharks also threatened to kidnap their two children, aged four and five, the Star reported.
On Sept 11 and 15, runners even set Kwan's home ablaze. The fires were extinguished with no serious injuries, the Oriental Daily reported.
The couple then received a call from the loan sharks on Sept 17, demanding that they pay them an additional $3,000 'fee' for sending someone to set their house on fire.
The 'moneylender' turned out to be loan sharks, and they had managed to find Kwan's home address in Pahang and harassed both his wife and his children.
Aside from phone calls, the loan sharks also threatened to kidnap their two children, aged four and five, the Star reported.
On Sept 11 and 15, runners even set Kwan's home ablaze. The fires were extinguished with no serious injuries, the Oriental Daily reported.
The couple then received a call from the loan sharks on Sept 17, demanding that they pay them an additional $3,000 'fee' for sending someone to set their house on fire.
Let the wife settle with creditor lor? On condition husband gets to see it and participate as it ends.
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