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Loan Shark Harassment and how to stop it

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Old 25-06-2019, 11:21 AM   #9616
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What more must I pay? I already paid and cleared the trial loan. Now he said in order for him to.activate the big loan I need to deposit to him 6k.
NEVER PAY I never did but they give me account number and I pass to the police . That's the jist of it you cut their banks they will be drained and if everyone pass their bank numbers to police it will minimise their activities . We never pay and pass bank account number to police . That's the most important. Phone numbers they can change etc and they cannot meet you these WhatsApp LS so cut off their banks by reporting to police .
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Old 25-06-2019, 02:45 PM   #9617
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Stay calm. Just do as what advice here like make police report, close acc, block off the numbers, ignore their calls and you be fine.


I appreciate ur concern. Please understand this is my 1st time and its traumatic and I think too much. My main concern is will theybcone my house to harass me
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Old 25-06-2019, 04:25 PM   #9618
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The Forced Loan is a common tactic use by the scums.

I enquired about a loan and as usual they forced money into my account eventhough i did not want to take up any loan after finding out their "company" doesnt exist.

So, made police report, close acct and asked bank to transfer back to the acct which sent me.


Importantly, CHANGE YOUR HP NUMBER!

FORGET ABOUT THEM! never ever engage them on watspp again. They will play mind games with you.

let them do what they want and just call 999 if they dare do anything. Get your batons ready and use it when you see any runners near your place.

you didn't comit the crime, so why be scared?

move on!

Last edited by polarinda; 25-06-2019 at 04:41 PM..
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Old 25-06-2019, 04:30 PM   #9619
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Also, remember, the people who may come to your house are never the people u deal with on the phone. These are runners and they are just as scared **** as u.

DON'T PAY, DON'T ANSWER, CHANGE PHONE NUMBER!

WHAT CAN THEY DO?
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Old 25-06-2019, 06:07 PM   #9620
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you should delete the LS contact on your phone before u even change number.
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Old 25-06-2019, 06:49 PM   #9621
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To all newcomers

A note to all , when you chg number , for whatapps do NOT use the function chg number , because if u do that everyone in your contact list inculding the LS that has your whatapps chat history will know u chg number .

You have to exit all gr chat before u chg number , when u chg number then ask the admin of the grp chat to add u back in .

VERY IMPT STEP TO TAKE NOTE .

Be Strong all
if u have already blocked the LS on watspp, then he wont know u changed number.
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Old 25-06-2019, 07:11 PM   #9622
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Hi, I do not dare say that I am very experienced in dealing with those LS. I can only says that I have the heart to help most victims but then again they are not the victims as it is likely that entering into a first agreement to check a loan thru LS is already a scoop action done with a Long armed excavator. Imagine how big and deep the hole will be. Presently damages is done so how to get out of it? There is no 100% method to get out of LS **** and all. Everything is based on luck and timing. A debtor will be having nightmare dealing with this problem countering the LS and even worse thinking on how to discuss with family and employer to resolved the situation. As for me, I am thinking of how to transmit the known situations and pointers to unknown ppl that has yet to even have a better understanding on this subject. Now here, there is cases of victim having to fear many things that is connected to LS.
My pointer is to come clean as the damage caused by LS is done resulting in having deep fears and worries.
1. Immediate action must be taken to terminate your bank account that the LS known of as this will prevent $ flowing into your acct by them.
2. Have time for yourself and reflect what has transpired between you and the LS and what you have mentioned to them before and during the servicing of your loan. This is crucial as sometime ppl speak and some hidden information is leaked like you have some one close that is working here or there and where is your favourite haunt/location. All this is important information to the LS. Or you may tell them of some income that you are waiting to receive. This will stick them to you like glue.When you have not done that, LS will not have any ideas of your income flow which is crucial to their scamming and think that you are poor so that it may be pointless to scam you. They may also lack information to harass your closest ppl or location. It will also help you when reporting to SG Police as you will need to report on the date and time of incident. The telephone numbers or bank account numbers plus the method that you have being introduced to the LS. You also need to show if possible the LS bank account number that 1st deposit into your bank account.
4. Talk to your family members that you are staying with and also information of ppl that you have given the LS as collateral or guarantor. Come totally clean with your family and explain with some sob stories that has happened and you have to turn to the LS for help but has being advised by friends and so you stopped but it became a scam and now the present situation that is going to escalate based on patterns of a LS. You can also advise your family members to access this forum and see for themselves the countless victims and those that are helping so that educating matters of this sort will be easily spread out.( sorry my personal opinion and way to help) Your closest family will help if you are honest enough. Once this is done, go to next and last item.
5. Come clean also with your employer and colleagues and you can also use the same sob stories but never lied about the amount that is being borrowed and also the amount paid and the LS system of trial loan with cancellation as it shows a scam written all over. Try your best to show your employers that you are trying very hard to get away from this scam with Police Report(this shows your determination and also shows that you are a victim and SG Police will advice you accordingly to their knowledge)This will show where you stand in your employer mindset. Introduced to them this forum so that your HR group could also learn of tips in handling LS the moment harassment happened as you will be surprise that maybe some of your colleagues have the same problem as you do and is also victims or related parties but unknown to your employer. This scamming business has become wide spread due to the downturn of our economy.

All above required luck and timing which I do not think that you have now as each day, the LS is still deciding to be sure that they can frighten you to pay for something that is not taken and so all the harassment will start but only via social media platforms that you are linked, so please get out of Facebook,Instagram,WeChat & others as thru all these they can traced your movement and location apart from whatever information that they have on you.
If you have done the above items, likely you will feel a burden slipping away from your body and you will feel confident again to faced those cyber warriors of a LS.
When I say timing of talking to your family or employer, do it tactfully when people are relaxed and willing to talk and share. When I say luck is sometimes, the LS have a better cash cow than you, they will forsake you and that’s the best. You will feel great to be forsaken for this matter!!! 😄
Please do remember that (Instilling Fear In You Is Their Strategy And Harassment Is Their Only Weapon).
Hoped that this pointers could help people that have an almost same scenario.
Thank You for your time.
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Old 25-06-2019, 07:33 PM   #9623
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Loan shark more afraid of you than you of them, becos they are illegal. If caught, 5 years, $50,000 fine and 6 strokes. The people who do harassment are debtors, ordinary folks you, who were duped into doing their work in the hope that they will not be harassed or that their family will not find out. In the end sure get caught becos of 100,000 police cameras in Singapore. DO NOT give your ATM card to Loan Sharks. Sure get caught and high possibility of jail term.

Business model of Loan sharks IS NOT lend u money and earn interest. They make money by blackmail and harassment to squeeze money from you. Meaning, u no borrow also say u borrow and even $500 loan can squeeze you to give $10,000 as long as you can beg and borrow from friends and relatives to give to them.

How to deal with them :
1) make police report at the nearest police post to your hse with their threatening msgs as proof. ask police to patrol your block more frequently
2) change phone nbr if possible, if not, do not take their calls or open their watsapp msgs. DO NOT communicate with them.
3) tell the people staying in your hse that you are a VICTIM, who had foolishly borrowed from loan sharks and regret your actions and will change over a new leaf. Warn them that they (and/or your neighbours) make receive threatening phone calls or letters. Ignore such communication becos these are empty threats.


If you borrowed becos of gambling problem or lifestyle issues, seek help. I personally am a volunteer at One Hope Center, a non-profit Public Charity, that helps gambling addicts (through counselling). All activities at OHC, including counselling sessions, are free. There are other such organisations like Adullam, Blessed Grace, but not sure whether there is need to pay anything
Thank you Bro for chipping in to help with advise. But the best is for people to understand the new breed of scamming LS as they are totally different from AhLong of the past.
Anyway time change and people do the same.
Just my opinion.
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Old 25-06-2019, 07:37 PM   #9624
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What more must I pay? I already paid and cleared the trial loan. Now he said in order for him to.activate the big loan I need to deposit to him 6k.
Hi you do not need the big loan so why need to deposit.
That is if you want to deposit any $, please deposit into SG charities and you will be blessed.
If you do not deposit into the loan shark scammer account, you are also blessed. You choose.
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Old 25-06-2019, 07:48 PM   #9625
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I appreciate ur concern. Please understand this is my 1st time and its traumatic and I think too much. My main concern is will theybcone my house to harass me
Harassment only happen if you short them $$$ and in your case as you say, transaction of $$$ is completed and done.
You are afraid of them asking you to pay cancellation fees for your enquired loan. This is a scam and the LS is fishing as you are the fish. If you bite on this, only 2 scenario can happen, 1st is you deposit $6k into their account asking for $30k loan, the LS will disappear immediately with you $6k. 2nd, if you called or what’s app then to tell them you cancelled the enquired loan, they will ask for cancellation fees and you wouldn’t be able to pay. Then the scammers will start to harass you as they know the fish has taken the bite. What is the key point??? The point is that you carried on with the communication with them so the profile that you are showing is that you being stupid enough to inform of the cancellation knowing that you need to pay. All these is pointing to a scam and you still step into it. WHO CAN HELP YOU!. Just terminate all communication with them. They will not waste $$$ to get runners to harass you and they wouldn’t be stupid to get their debtors to harass you also as they will lose all their debtors if they do it to you, so why worry for nothing?.
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Old 25-06-2019, 08:08 PM   #9626
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Harassment only happen if you short them $$$ and in your case as you say, transaction of $$$ is completed and done.
You are afraid of them asking you to pay cancellation fees for your enquired loan. This is a scam and the LS is fishing as you are the fish. If you bite on this, only 2 scenario can happen, 1st is you deposit $6k into their account asking for $30k loan, the LS will disappear immediately with you $6k. 2nd, if you called or what’s app then to tell them you cancelled the enquired loan, they will ask for cancellation fees and you wouldn’t be able to pay. Then the scammers will start to harass you as they know the fish has taken the bite. What is the key point??? The point is that you carried on with the communication with them so the profile that you are showing is that you being stupid enough to inform of the cancellation knowing that you need to pay. All these is pointing to a scam and you still step into it. WHO CAN HELP YOU!. Just terminate all communication with them. They will not waste $$$ to get runners to harass you and they wouldn’t be stupid to get their debtors to harass you also as they will lose all their debtors if they do it to you, so why worry for nothing?.
They already sent me videos burnt house!
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Old 25-06-2019, 08:20 PM   #9627
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They already sent me videos burnt house!
Don’t bother and please report this video to the police.

This is their tactics, now you feel scared right? Feel like giving them the $6k or termination/cancellation fee hoping all these will end right?

STOP DREAMING AND WAKE UP!

Just block all their numbers and calls. Do a screen shot and block the msg.

Best is don’t even read them.
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Old 25-06-2019, 08:28 PM   #9628
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They already sent me videos burnt house!
go report polis..can report online
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Old 25-06-2019, 08:30 PM   #9629
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They already sent me videos burnt house!
u still no block their number ?
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Old 25-06-2019, 09:01 PM   #9630
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Hi, let me try my best to explain the happenings of harassment on the loan shark portion.
Harasser is mostly debtors that has high loans with the LS and cannot pay and they fear the LS so they do their bidding.
Bank accounts does not register with the LS, they must get debtors or others and pay a monthly for these people to apply for the bank accounts.
In terms of harassment let’s say burning of doors of houses, the debtors turn harasser must do the dirty work and faced legal penalty if caught. The likehood of all harasser being caught in Singapore is close to 100%.
The LS will lose the debtor if he or she is caught but the most important thing is these debtors will admit on those bank accounts that the LS deal with them. The LS will need to close the accounts or be suspended. Those that help them apply for the accounts will be traced and caught also.
1 LS that ordered the harassment could ends up being the big loser if the debtor/harasser is caught . And then again these scammer LS has a leader and that’s why many different stalls. If the leader never give the order of harassment, the LS dealing with you will not do so the next best thing is to send video and threatening sms or what’s app to instill fear in you. So based on all these, if your loan is not significant enough, the harassment will not happen. Hoped all these can help you understand better.
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