Student loses RM16,800 after RM1,000 online loan turns into extortion scam

Student loses RM16,800 after RM1,000 online loan turns into extortion scam

KUALA LUMPUR: A RM1,000 online loan taken by a 19-year-old student spiralled into losses of RM16,800 after he allegedly fell victim to a loan scam involving a series of fabricated charges.

Entrepreneur reveals 2-year intimidation, extortion by ‘fast loan’ scammer

Bryan Teow borrowed RM20,000 from a 'bank officer' after coming across a Facebook ad, but ended up losing RM400,000 in the past 20 months.

From RM20,000 loan to RM400,000 loss: A warning against online scams

A BUSINESSMAN who fell victim to an online “fast loan” scam has come forward to share his experience, hoping to raise public awareness about the risks and the importance of verifying information before making financial decisions.   Bryan Teow, an education entrepreneur managing businesses in Malaysia and Hong Kong, said he borrowed RM20,000 in September...