April 15, 2013

10 fall prey to new loan shark SMS scam

According to The Straits Times, at least 10 people fell prey to a new SMS scam, which sends text messages to potential victims from an unknown mobile number, threatening to harass them if they did not repay their "loans" from illegal moneylenders.

quotemarksright.jpgFearing for their safety, these victims transferred a total of about $18,000 to bank account numbers provided by the culprits, said the police in a crime alert on Thursday.

This after the culprits threatened to damage the victims' homes by splashing paint or setting fire, or locking the gates, if the repayments were not made.

The messages were sent to victims even though a majority of them had no dealings with loan sharks.

There have been more than 180 reports of such cases over the past one month, with victims making reports to the police from early March.quotesmarksleft.jpg

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