Couple loses over $32k trying to rescue son from online loan syndicate in Malaysia
Published on: Wednesday 11 March 2026
A couple in Malaysia lost over RM100,000 ($32,400) of their savings in over a month in their attempt to rescue their son from an online loan syndicate. After being deceived by a financial loan advertisement on social media posing as a legitimate finance company, their son soon found himself RM30,000 in debt. The loan had initially started off at RM1,000,...
News source: https://www.asiaone.com/malaysia/couple-loses-over-rm100k-trying-rescue-son-online-loan-syndicate
