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Businessman trapped in loan scam, RM1.2 mln lost as syndicate issues kidnap threats

Summary by DayakDaily
By DayakDaily Team SIBU, April 14: A local businessman in his 40s endured a terrifying ordeal involving threats of violence and the kidnapping of his child, after falling victim to an illegal online loan syndicate that has cost him nearly RM1.2 million. In TVS news, National Consumer Action Council (MTPN) chief Lucas Lau said the victim not only suffered severe emotional distress but was also subjected to criminal intimidation, including threats…
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DayakDaily broke the news on Tuesday, April 14, 2026.
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