KUALA TERENGGANU, Feb 25 — Three individuals, including a female trader, suffered a total loss of RM20,040 as a result of being deceived by loan scams, last week.

Terengganu police chief, Datuk Mazli Mazlan, said that the three victims were interested in a loan advertisement on Facebook, and were attracted by the offer before agreeing to apply for a loan.

He said that the victims were then asked to make various payments to several bank accounts to obtain the loan, but they did not receive the requested loan.

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“In the first case, the victim is a 41-year-old contractor who applied for a RM10,000 loan and suffered a loss of RM4,100. The second victim is 37 years old, a trader who applied for a loan of RM60,000 and suffered a loss of RM8,400.

“As for the third case, the victim is a 33-year-old operator who applied for a loan of RM60,000 and suffered a loss of RM7,540,” he said, in a statement today.

Mazli advised the public to check the company name, the legal conditions of the licensed money lender and the procedure, to avoid becoming a victim of fraud. — Bernama

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