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  • 9 hours ago
Foreign loan sharks are paying local runners lucrative sums to carry out acts of intimidation and violence against borrowers who default on their repayments, according to the MCA Public Services and Complaints Department.

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Transcript
00:00Despite how many times we tell them, please, do not borrow from Alung, go to the licensed one, there will
00:08be more, follow the rule and law and regulation.
00:11But still, we get all this, and especially they get, they borrow online, you know, where you never see each
00:20other, whether you are blacklisted or not, you will still get the money, but you get into trouble, serious trouble.
00:26They use a tactic to target the neighbors to shame the borrower. So as a result, the neighbor gets angry
00:35for all the trouble caused to them, you know.
00:37This is how they use psychology method to force the borrower to pay. According to Mr. Lee, that he didn't
00:47borrow the money, he didn't borrow the money.
00:50The money was borrowed by who? Chuchu, relative. His relative uncle. And the uncle used the address to put them
01:01into trouble.
01:02They have already suffered enough, the address have been used. And according to the victim, Mr. Lee, that he believed
01:11that money was borrowed from Singapore.
01:14So it's done by the Singapore Alung. You know, Singapore Alung is very good for paying our local people to
01:21do it.
01:22They also very smart because many times when they go and find the borrower, the borrower normally, they run away.
01:31The borrower normally, they will not stay in the house, they run away for the fear of the Alung coming
01:37to disturb them.
01:39So this time, the Alung very smart. What they do is that they target the neighbor house, but they put
01:44the name and the address to the person where they wanted.
01:50They purposely target the one to irritate the neighbor, to tell the neighbor, to inform the neighbor what sort of
01:58neighbor you have.
01:59This case, this fellow, this man, this is the culprit. Disturb you, putting this Facebook, to discredit you, to throw
02:12pain, everything he does.
02:14A Siang. This old man borrowed 500 ringgit only.
02:19Bored 500 ringgit. He already returned about 2,000 ringgit.
02:26A Siang won 10,000 Lomb.
02:29Total 83 cases involving more than 7.4 million ringgit.
02:37Surprisingly, out of 83 cases, 69 cases belong to the Chinese community.
02:53You
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