Latest news with #illegalmoneylending
Malay Mail
4 days ago
- Malay Mail
Five arrested in Kelantan for illegal moneylending, including red paint attacks on borrowers' homes
KOTA BHARU, July 28 — Police have arrested five suspects believed to be involved in illegal moneylending activities, including threats and acts of mischief, such as splashing red paint on borrowers' homes. Kelantan police chief Datuk Mohd Yusoff Mamat said the suspects, aged between 25 and 39, were detained under Op Vulture in separate raids. The first suspect was apprehended on July 23 in Pasir Tumboh, Kubang Kerian, while the other four were arrested on July 25 following a red paint incident in Pasir Hor. Police also seized 34 items believed to have been used in these activities, including red paint, threatening notes, clothing, face masks, mobile phones, and motorcycles. 'Preliminary investigations revealed that all five suspects are believed to be linked to at least nine cases of property damage in Kota Bharu, Tumpat, and Tanah Merah. 'Their actions included breaking window panes with stones, pasting threatening notes, and padlocking borrowers' gates as a form of intimidation,' he said in a statement tonight. Mohd Yusoff said the case is being investigated under Section 5(2) of the Moneylenders Act 1951 and Sections 427/506 of the Penal Code. The suspects have been remanded for further investigations. — Bernama
Free Malaysia Today
21-05-2025
- Free Malaysia Today
Terengganu man beaten up, left naked by loan sharks
Terengganu police chief Khairi Khairuddin said all the suspects admitted to conducting illegal moneylending activities around Kuala Terengganu since March. (Bernama pic) PETALING JAYA : A man in Terengganu was beaten up, stripped and left naked in the bushes after attempting to borrow money from loan sharks yesterday. Buletin TV3 reported state police chief Khairi Khairuddin as saying the 24-year-old lodged a police report at the Kuala Terengganu police station yesterday. He said a team from the commercial crime investigation department then arrested five men aged 16 to 39 years in a special operation from yesterday until today. Khairi said the victim told police he had contacted one of the suspects, a syndicate member, via WhatsApp to obtain a loan. 'However, the victim was taken in a car, beaten up, stripped and left naked in the bushes near Bukit Khor, Marang. 'His personal effects, including his mobile phone, wallet and identity card were also stolen from him,' he said. Khairi said all the suspects admitted to conducting illegal moneylending activities around Kuala Terengganu since March. 'We have seized two Proton Saga cars, five mobile phones and recovered the victim's clothes. 'Checks found three of the five suspects have criminal records,' he said. Khairi said all the suspects have been remanded for four days to assist in investigations under Sections 5(2) and 29B of the Moneylenders Act 1951 for unlicensed moneylending.
