Malaysia

Loan sharks may be preying on flood victims: Bukit Aman

No reports lodged yet, but tip-offs received, says CCID director

Updated 4 years ago · Published on 27 Dec 2021 8:29PM

Loan sharks may be preying on flood victims: Bukit Aman
Commercial Crime Investigation Department director Datuk Mohd Kamarudin Md Din advises flood victims to be alert and cautious so they do not fall victim to unlicensed money lenders. – SAIRIEN NAFIS/The Vibes pic, December 27, 2021

KUALA LUMPUR – Bukit Aman’s Commercial Crime Investigation Department has received information about unlicensed money-lenders approaching flood victims to offer loans. 

Commercial Crime Investigation Department director Datuk Mohd Kamarudin Md Din said although no reports have been lodged yet on the matter, police have not ruled out the possibility that loan sharks are now targeting flood victims.

“Flood victims are advised to be alert and cautious so that they do not end up being victims of these unlicensed money lenders. 

“Police are constantly monitoring loan shark activities through investigations and continued operations,” he said in a statement today. – Bernama, December 27, 2021

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