Trader claims losing RM49,500 by non-existent credit company

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Police say a low-interest rate has attracted the victim to apply for a loan of RM80,000.

The intention of a trader who wanted to expand his business brought losses when he was cheated by a non-existent credit company.

He said it was learnt that the victim had received a telephone call from the suspect around mid-November to promote the loan offered by the credit company which was supposed to have an office in Kuala Lumpur. “The victim claimed to have made a deposit payment of RM1,600 online into the account supplied by the suspect as a sign of agreement to make the loan on last Nov 15,” he told reporters in Kuantan today.

 

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