Loan Shark Harassment and how to stop it - Part 2

[A Better Tomorrow]

Rule of thumb: Never borrow from unreliable sources, even it sounds too good.

 

[andylau78]

Rule of thumb: Never borrow from unreliable sources, even it sounds too good.

Please click and read.

https://www.mlaw.gov.sg/content/rom...st-of-licensed-moneylenders-in-singapore.html

 

[Tired22]

If you are scammed, there's only one thing u need to do....GHOST THEM!

What mean ghost them

 

[polarinda]

What mean ghost them

means ignore everything from them if u haven't changed number.

if u have changed number, then it means life goes on like nothing happened.

 

[Bebe2019]

means ignore everything from them if u haven't changed number.

if u have changed number, then it means life goes on like nothing happened.

I have 'ghost' mine for 2 weeks. They don't have my new contact no so I am uncontactable to them. Only time to time my nok received calls from unknown numbers which they ignored/unanswered. Still monitor my cctv and surrounding. Just stay vigilant. But if they are/is/will send runner to my place then its their lost as they have to fork out to pay their runner. So far only 1 unfamiliar face that seems suspicious was captured from my cctv which I have confirmed with my neighbours if they know him. Which none of them claim have seen him b4 nor know him. I think he is the surveyor for the LS, maybe. If there is such thing. But I am keeping my fingers cross as my nok has also reported to the police and installed cctv. Just pray for the best for everyone. Please take care.

 

[Xiaojiangshi]

I have 'ghost' mine for 2 weeks. They don't have my new contact no so I am uncontactable to them. Only time to time my nok received calls from unknown numbers which they ignored/unanswered. Still monitor my cctv and surrounding. Just stay vigilant. But if they are/is/will send runner to my place then its their lost as they have to fork out to pay their runner. So far only 1 unfamiliar face that seems suspicious was captured from my cctv which I have confirmed with my neighbours if they know him. Which none of them claim have seen him b4 nor know him. I think he is the surveyor for the LS, maybe. If there is such thing. But I am keeping my fingers cross as my nok has also reported to the police and installed cctv. Just pray for the best for everyone. Please take care.

Your is scam or uml?

 

[green72]

Your is scam or uml?

Does it matter? The problem is the harassment. Let's put aside reasons victims get caught up with LS or scammers.

LS are pretty much scammers as they advertised affordable repayment to trap victim to divulge info that can pinned victims down with harassment.

Reasons matter not in this thread. How to stop harassment is the goal.

 

[Xiaojiangshi]

Does it matter? The problem is the harassment. Let's put aside reasons victims get caught up with LS or scammers.

LS are pretty much scammers as they advertised affordable repayment to trap victim to divulge info that can pinned victims down with harassment.

Reasons matter not in this thread. How to stop harassment is the goal.

I was thinking can we put those company name and the number here especially scam. So all at least can see the info. And can minimize the possibility of not being scam etc

 

[green72]

I was thinking can we put those company name and the number here especially scam. So all at least can see the info. And can minimize the possibility of not being scam etc

Report to SPF i-witness.
https://www.police.gov.sg/iwitness

We try to minimise victims info so the LS can't find out who is here.

They might be also following events here.

There are ways to find out UML. LML by law cannot advertise their service on social media or through messages.So that's one sure way.

 

[seowliao]

I was thinking can we put those company name and the number here especially scam. So all at least can see the info. And can minimize the possibility of not being scam etc

you are NOT SUPPOSE to respond to any of these msg !!!
Just report all these screenshots to i- witness ...

 

[polarinda]

Nowadays, banks also advertise on facebook

 

[accurseddoll]

I setup this thread regarding Loanshark harassment. I, myself is not a debtor however to be frank someone in my family does.

I hope to gather more users and people to voice out. The Police are doing a lot to curb this problem. However we must face the fact that this problem had been there for decades. Have faith and trust in our system. It is very hard to eliminate the network, nevertheless if every citizen does their part in cooperating; it is must easier to get to the network.

This is how you can help. If any of your family members owe loan shark money, tell them not to pay up a single cent. Tell them to call the Police Hotline number 1800 225 0000 to transfer you to the relevant department. In which there is a specific department in the West that handle Loan Shark Cases.

In the event that you are the debtor, please refrain from helping the loanshark or fall into their trap to help them in their illegal activities. They will ask you for personal details. E.g. Singpass, ATM card or even ask you to help them distribute brochures or transfer money.

Don’t fall prey to become a target by the loanshark syndicate. In the event that you can’t make payment they will ask you to work for them to pay off your debts. Don’t do it. Owing money doesn’t resort in a death penalty, jail sentence or caning. However if you are debtors turn assistors, the punishment is very severe. You, yourself will in turn from a victim become a criminal.

Under the Moneylenders Act 2010 (Revised Edition), first-time offenders found guilty of carrying on the business as an unlicensed moneylender or assisting in the business of unlicensed moneylending may be fined not less than $30,000 and not more $300,000, be imprisoned for a term not exceeding four years and shall also be liable to be punished with caning not more than six strokes. First time offender found guilty of loanshark harassment shall be punished with imprisonment for a term of up to 5 years, a fine of not less than $5,000 and not more than $50,000, and shall also be liable to caning of not less than 3 and not more than 6 strokes.

You have heard of the saying, 明知道老虎会咬人，你还一直喂他，那就是自寻死路。
If you are a debtor, please don’t blame yourself for what happen. If you are not desperate, you won’t be borrowing from them. Seek your family understanding. Sometime you would feel helpless, you are loss, you always trying to source money to meet payment, the pain and psychological torture is unbearable. But please face the fact; this is never the end of life.

Don’t pay them; it is not against the law not to pay them. They will threaten to report on you and use a lot of threatening message to make you pay or work for them. But come to think of it, when did they show up to receive the payment in person. It is always through Bank Transfer. Ask yourself why.

Learn to understand the situation you are in, accept it. And be true to your family about the money lending matter. Call NPCG for counselling in the event that your family members don’t understand.

The methodology that they used is always to instill fear in their victims. And from the news you would know that many loan shark always are so notorious. But come to think of it, who are the one that are being used by them. Who are the one that are doing the dirty job? The debtors are always the one.
Ask yourself a question, why does the Police always so reactive towards the loan shark? It is because the loan sharks are always under the veil. They used the debtors as smoke screen.

What will happen in the event you don’t pay up?
They will spray paint at your house, disturb your neighbor, disgrace you, humiliate you and shame you. These are the tactics that they used. So how bad can this be? Do you want your life back again? Or do you want to live in a lifetime full of fear. I will be very honest with you. My father had been feeding the tiger for years and finally now, he decide to heel the Police advice and stop paying and cooperate with them.

You are not the only one suffering if you continue to pay. Think about your family for the long term. Do you want them to suffer with you for 10 year, 20 years, worrying about money? Think about it. Do you want to be partner in crime? Or do you want a lifelong happiness with your family. If you really care for your family members, you should know the right thing to do. If you are scares you can always post on the forum or talk to someone regarding the case.

I believe if we unite as one, we can accomplish more. If you are young, bold, adventurous, please feel free to voice out. We can always spend some time to help one another. We can help family by family if we have more manpower. The debtors need people to talk to. The family members need assurance and comfort. We don’t blame other for not helping us, if we are not helping ourselves. We don’t need to resort to violence; we want to build a peaceful community for everyone to live in.

And again, I need more people and more support to discuss matter and also plan to help other out.

Thank you for your time in reading this.

Hi how do i reach u

 

[Screwup]

hi better standby a bailor , so long u allow them to deposit to your account and someone reported that they deposited money in ur account u will be called up and "consider helping them "

Hi
May I check with u in the end did you get charge or something ? I am new here and I was scrammed by LS and let them deposit into my account for a few times and transfer back to them.

I make a police report yesterday night.
What should I do now...

 

[CloudClau]

Hi
May I check with u in the end did you get charge or something ? I am new here and I was scrammed by LS and let them deposit into my account for a few times and transfer back to them.

I make a police report yesterday night.
What should I do now...

yes got charged , to find out more pls pm me

 

[Screwup]

Anyone can advise. How Long will the investigation be ? Last week I called my IO. He say he will arrange and call me back For a interview. One week has passed but no one called.

 

[Stupid person]

The possibility and reality of them sending runners is there, even if you don't owe them anything. Don't get caught off guard, prepare your place with a CCTV. Defend yourself even if it comes to nothing.

They will harass you if you allow them by answering the door, their calls and messages.

They will take your money if you give them.

Runners are out to scare you only. Only stupid ones will create a scene at your place. They are usually are ninja-like in their work, touch n go.
The days of runners come and bang on your door to demand money are no more. But please, if they do, don't go and break their legs. Just call 999.

If you succumb to their harassment and pay, then blame yourself.

Let's put it this way. You pay them is like subscribing for them to continue harassing you if you don't pay.

If you call 999 when runners come, then half your battle is won. They usually leave your place as fast as possible after doing what they usually do. They, themselves are pretty scared of getting caught and are finicky and nervous.

If you block their calls and messages, then another half of the battle is won.

Final result, you win, they lose.

This is really accurate analogy, you pay them, you are are subscribing to their hasslement.

Cant explain it any better. Trust us, most of us are veterans of these treatment and the only way out is to stop paying

 

[seowliao]

another type of scam..dont fall for it

Police Advisory On E-Commerce Scams Involving Sale Of Concert And Event Tickets

https://www.police.gov.sg/news-and-publications/media-releases/20190911_OTHERS_ECommerce_Scams_Involving_Sale_of_Concert_and_Event_Tickets

 

[wang44]

Police no advise anything . I feel like damn useless report to the police but he did advice me what to do and he told me will send police to round my place

Bro, don't worry. Been there done that. At most they pour ur neighbour house. But hdb will clean it up except for the door. They will clean the wall.

 

[Iamsostress]

Bro, don't worry. Been there done that. At most they pour ur neighbour house. But hdb will clean it up except for the door. They will clean the wall.

loan shark eat my ****
Come and one on one with me you will ask for forgiveness

 

[CloudClau]

Anyone can advise. How Long will the investigation be ? Last week I called my IO. He say he will arrange and call me back For a interview. One week has passed but no one called.

they will send u letter , keep a look out usually ard 2 weeks the letter will come . Since u need to standby bailer .