Bank officer loses more than RM200,000 to online loan fraud

: Being familiar in banking matters and loan applications did not prove to be an advantage for a 54-year-old bank officer when he lost RM243,000 to an online loan scam

Kuala Lumpur commercial crimes investigations department deputy chief Supt Mohamad Musa Marsidi said the victim was contacted by a man who claimed to be an employee of a moneylending company and was asked to make a payment to process his loan application.

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