MIRI: Police here have solved 11 cases involving unlicensed money lending activities following the arrests of three locals last month.
The suspects—two men and a woman aged between 27 and 31—were arrested in an operation codenamed ‘Op Vulture’ on May 26.
Police also seized several documents believed to have been used in the illegal activity, and items used for threatening lenders.
Miri OCPD ACP Alexson Naga Chabu said all three were charged on Thursday (June 9).
They are being investigated under Section 5 (2) of the Moneylenders Act 1951; Section 29AA (1) of the Moneylenders Act 1951; Section 29B (2) of the Moneylenders Act 1951; Section 427 of the Penal Code; and Section 506 of the Penal Code.
ACP Alexson also advised the public not to apply for loans from unlicensed and unregistered parties that conduct their activities via online.
“Such a problem will only happen when the victim takes a shortcut by applying for a loan via online without conducting checks and verifications on the transparency of the activities and the creditors first.”
Verification checks can be done with the Ministry of Housing and Local Government at 03-8891 3285 or e-mail bkkk@kpkt.gov.my or the Miri Division Community Credit Office at 085-433 203.
