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Loan Shark Harassment and how to stop it

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Old 29-12-2018, 05:31 PM   #6376
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Posts: 19
Today my 1st LS due day for payment. Msg me asking for payment. Say if I never respond will come up to my house. Last payment I did was on 9th December 2018. Still ignoring them though. Do you think they really will come up? The forced loan $500. I paid double or maybe even triple the amount already.
Pray for me guys. 😂
If we dont stop paying the cycle never ends and we can never enjoy our hard earned money that our family is supposed to enjoy. After we go through all this we need to promise each other that we will never ever borrow from any LS again
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Old 29-12-2018, 05:33 PM   #6377
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Dont worry everything will be ok. Mine will be on the 31st but i changed number already
I didnt change num due to work and also I didnt block them cause I dont want them to bother my NOK. Hopefully it will be okay. Cause no one will be home till late night.
Oh no new years eve. I hope all is well for your side too!
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Old 29-12-2018, 11:15 PM   #6378
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If we dont stop paying the cycle never ends and we can never enjoy our hard earned money that our family is supposed to enjoy. After we go through all this we need to promise each other that we will never ever borrow from any LS again
Yes. Very much agree. No matter how desperate dont turn to LS. If possible even LML.
Eventhough deep down I still feel scared but I am more relaxed now compare to how i am last time. Their msgs dont really get to me like last time. 😂
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Old 29-12-2018, 11:48 PM   #6379
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Yes. Very much agree. No matter how desperate dont turn to LS. If possible even LML.
Eventhough deep down I still feel scared but I am more relaxed now compare to how i am last time. Their msgs dont really get to me like last time. 😂
I changed my number coz i left my job already too so no point. I hope other people who are victims of LS could read this thread so that all the LS operations will die. I feel better too coz our lift got the CCTV connected to the police station.
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Old 30-12-2018, 01:00 AM   #6380
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Sounds like my case in the beginning part.

So they still keep harassing you and NOK?

Dear all, I just created this account to share my story. I am a new victim of these LOAN SCAMS from just past week. Read through many of the messages here and am *SUPER ANGRY* at how so many have been cheated. For all the victims here, we must stand up and stamp out these scammers and crime.

So much harassment is made to the victims and stress created to them and family members, colleagues, workplace. Jobs lost, family lost, friends lost. THIS MUST STOP and victims must unite to make Singapore a safe place and reduce the number of victims to ZERO.

The 2 people I talked to are Chinese Malaysian.

My story:

I was promised a loan of 10k for 5 yrs and only need to pay $200 for 60 times. (LIE)

I was asked to send IC, income statement, next of kin contacts for loan approval (DONT EVER DO THIS) [others have been asked for SINGPASS, DON"T EVER DO THIS]

I was told the loan was all legal and can be done online (LIE)

I was told they will make a test transaction to me and I just need to transfer them back before they send me the actual loan amount (LIE)

I was told after the funds transfer to me, then they will send me the Terms and Conditions of the loan (LIE)

I was told that they have a legit company with legit license and got website (LIE) - I later checked and found they gave name of an "expired" company" not on approved LML list

After the test transaction amount transferred to me, they started to harass me for the money, saying I took the loan already and pressured me to transfer by a certain time, if not I will be in trouble. After that they harass 2 of my next of kin with threatening messages. You will get it from your next of kin.

*** Never even touch any of these people EVER, also stay away from LML if you can. *** These are not money lenders, they are LOAN SCAMMERS. ***

Spoke to Police, Spoke to Credit Association.

Advice given is:

1. File Report ASAP
2. Do not do any transactions
3. Close bank account ASAP
4. Change all phone numbers
5. Block all their numbers (spare yourself the harassment)
6. Brace yourself for any harassment online or offline
7. Call 999 immediately if there any suspicious people seen near your home or office
8. Lastly, DO NOT BE AFRAID. (You are not the first victim and will not be the last)

Victims who want to work together to fight this and to share info - PM me. Will pass on as much info so that they can work. This is our Singapore, let us make it SAFE.

If not, pass info to:

Members of the public are also advised not to work with or assist loan sharks in any way and to call the police at 999 or the X-Ah Long hotline at 1800-924-5664 if they suspect anyone of being involved in illegal loan-sharking activities.

Crime does NOT PAY. (Pls google these news, I can't post links as am too new)

Case 1: Police warn students against loan shark jobs as 109 people arrested in 3-day blitz
Case 2: 'Auntie' loan shark runner arrested by police

Case 3: 118 arrested for suspected loan shark activities after four-day police operation

First-time offenders found guilty of carrying out or assisting in unlicensed moneylending business may be fined between S$30,000 and S$300,000, jailed up to four years and given up to six strokes of the cane.

Those found guilty of acting on behalf of an unlicensed moneylender, committing or attempting acts of harassment may get up to five years' jail, a fine between S$5,000 and S$50,000 and three to six strokes of the cane.

Anyone convicted of providing false contact information to obtain loans from loan sharks may be jailed a maximum of 12 months and those guilty of failing to report a change of address may get a maximum S$5,000 fine, up to five years in jail or both.

Those found guilty of instigating a youth to assist in unlicensed moneylending business or carrying out harassment acts on behalf of loan sharks may be jailed up to nine years, fined between S$6,000 and S$300,000 and given a maximum of 12 strokes of the cane.
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Old 30-12-2018, 08:36 AM   #6381
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Posts: 248
Bro JL
Thankyou for your active participation.
I hope this thread can be copied and pasted over and over again.

It will help and advise the victims.
Unfortunately there are more silent victims out there that we could not reach.

Many thanks to the brave victims for coming back to say their piece and give advice.
Careers and family life are destroyed by scammers and ls.
While they may be busy picking up the pieces now, I hope they can spare some time here by providing some comforting words.


Originally Posted by*JusticeLeague2018:
Dear all, I just created this account to share my story. I am a new victim of these LOAN SCAMS from just past week. Read through many of the messages here and am *SUPER ANGRY* at how so many have been cheated. For all the victims here, we must stand up and stamp out these scammers and crime.*

So much harassment is made to the victims and stress created to them and family members, colleagues, workplace. Jobs lost, family lost, friends lost. THIS MUST STOP and victims must unite to make Singapore a safe place and reduce the number of victims to ZERO.*

The 2 people I talked to are Chinese Malaysian.*

My story:*

I was promised a loan of 10k for 5 yrs and only need to pay $200 for 60 times. (LIE)

I was asked to send IC, income statement, next of kin contacts for loan approval (DONT EVER DO THIS) [others have been asked for SINGPASS, DON"T EVER DO THIS]

I was told the loan was all legal and can be done online (LIE)

I was told they will make a test transaction to me and I just need to transfer them back before they send me the actual loan amount (LIE)

I was told after the funds transfer to me, then they will send me the Terms and Conditions of the loan (LIE)

I was told that they have a legit company with legit license and got website (LIE) - I later checked and found they gave name of an "expired" company" not on approved LML list

After the test transaction amount transferred to me, they started to harass me for the money, saying I took the loan already and pressured me to transfer by a certain time, if not I will be in trouble. After that they harass 2 of my next of kin with threatening messages. You will get it from your next of kin.*

*** Never even touch any of these people EVER, also stay away from LML if you can. *** These are not money lenders, they are LOAN SCAMMERS. ***

Spoke to Police, Spoke to Credit Association.*

Advice given is:

1. File Report ASAP
2. Do not do any transactions
3. Close bank account ASAP
4. Change all phone numbers
5. Block all their numbers (spare yourself the harassment)
6. Brace yourself for any harassment online or offline
7. Call 999 immediately if there any suspicious people seen near your home or office*
8. Lastly, DO NOT BE AFRAID. (You are not the first victim and will not be the last)

Victims who want to work together to fight this and to share info - PM me. Will pass on as much info so that they can work. This is our Singapore, let us make it SAFE.*

If not, pass info to:

Members of the public are also advised not to work with or assist loan sharks in any way and to call the police at 999 or the X-Ah Long hotline at 1800-924-5664 if they suspect anyone of being involved in illegal loan-sharking activities.*

Crime does NOT PAY. (Pls google these news, I can't post links as am too new)

Case 1: Police warn students against loan shark jobs as 109 people arrested in 3-day blitz
Case 2: 'Auntie' loan shark runner arrested by police

Case 3: 118 arrested for suspected loan shark activities after four-day police operation

First-time offenders found guilty of carrying out or assisting in unlicensed moneylending business may be fined between S$30,000 and S$300,000, jailed up to four years and given up to six strokes of the cane.*

Those found guilty of acting on behalf of an unlicensed moneylender, committing or attempting acts of harassment may get up to five years' jail, a fine between S$5,000 and S$50,000 and three to six strokes of the cane.*

Anyone convicted of providing false contact information to obtain loans from loan sharks may be jailed a maximum of 12 months and those guilty of failing to report a change of address may get a maximum S$5,000 fine, up to five years in jail or both.*

Those found guilty of instigating a youth to assist in unlicensed moneylending business or carrying out harassment acts on behalf of loan sharks may be jailed up to nine years, fined between S$6,000 and S$300,000 and given a maximum of 12 strokes of the cane.


QUOTE=JusticeLeague2018;118351088]Loans sharks charge high interest rates but if you pay off, they can stop bothering you.

Loan scams use terror to keep harassing for you for more money once you start paying.
Forced loans, harassment, says you bank in your wrong account, say your payment late when never give you bank account to pay, all tricks to terrorize you and squeeze more money out of you.

Bottom line is if you make a mistake giving them personal details, received money from them, you are in for trouble. How to get out. Read the rest of the advice from the past victims here.[/QUOTE]
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Old 30-12-2018, 09:16 AM   #6382
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Posts: 263
Sounds like my case in the beginning part.

So they still keep harassing you and NOK?
They did phone and whatsapp harassment . We blocked.

They throw paint, we called police, runner caught in 24 hrs.

So far all quiet. Life has to go on. Life will go on.
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Old 30-12-2018, 09:21 AM   #6383
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Yes. Very much agree. No matter how desperate dont turn to LS. If possible even LML.
Eventhough deep down I still feel scared but I am more relaxed now compare to how i am last time. Their msgs dont really get to me like last time. 😂
Stay strong! I have been watching your story unfold. The terror is only virtual.

If they dare to show up at your door, be ready with CCTV and call police. More evidence, clear evidence means the runner can be caught in no time. Don't miss the opportunity to help clean up the loan scam terror network.

Side note: Some runners are also victims so getting them caught is a GOOD thing, else they are going accumulate charge after charge of offence of which the penalties are extremely heavy. Very sad.
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Old 30-12-2018, 09:57 AM   #6384
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Posts: 21,968
posted this thread to EDMW to warn people

https://forums.hardwarezone.com.sg/c...68975-424.html

knn one those scumbags so above the law ah?

like that we should be above the law to beat them up or even chop them up to show them who's the boss
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Old 30-12-2018, 09:58 AM   #6385
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Posts: 21,968
next time they come just take your choppers and poles out to whack them. chao ch33bye. they think they come u scared?

esp if they rly play tricks even after u paid principal sum + interest....... just farking whack the daylights out of them then no one will dare to be loansharks anymore
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Old 30-12-2018, 10:22 AM   #6386
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Join Date: Dec 2018
Posts: 162
Throw paint? Just for that amount?

Mine was different for the back as I manage to pay them for the trial loan but they keep asking for more for other stuffs.

They did phone and whatsapp harassment . We blocked.

They throw paint, we called police, runner caught in 24 hrs.

So far all quiet. Life has to go on. Life will go on.
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Old 30-12-2018, 10:33 AM   #6387
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By the way, can you PM me? I canít as my post count is not enough but I donít know if I can receive PM though
They did phone and whatsapp harassment . We blocked.

They throw paint, we called police, runner caught in 24 hrs.

So far all quiet. Life has to go on. Life will go on.
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Old 30-12-2018, 10:40 AM   #6388
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Join Date: Dec 2018
Posts: 162
Yes. Very much agree. No matter how desperate dont turn to LS. If possible even LML.
Eventhough deep down I still feel scared but I am more relaxed now compare to how i am last time. Their msgs dont really get to me like last time. 😂
Hope you get on well. Stay strong.
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Old 30-12-2018, 10:42 AM   #6389
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Posts: 162
I changed my number coz i left my job already too so no point. I hope other people who are victims of LS could read this thread so that all the LS operations will die. I feel better too coz our lift got the CCTV connected to the police station.
Agree on this, never never touch them.

Especially when you see that itís too good and attractive.
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Old 30-12-2018, 11:14 AM   #6390
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Posts: 286
https://www.zaobao.com.sg/znews/sing...775?xtor=CS2-8

Found this somewhere in thr thread. Can someone translate for me? 😅
Kamsahamida. Thank you!
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