Disturbing Tactics Uncovered

In a shocking revelation, Datuk Seri Michael Chong, head of the Malaysian Chinese Association Public Services and Complaints Department, has reported a series of mock funerals staged by loan sharks to terrorize debtors. These acts, deeply taboo in Chinese culture, involve displaying portraits of living debtors as if they were deceased, a tactic aimed at psychological intimidation.

Victims Speak Out

Among the victims is Tan, who discovered his portrait used in such a mock funeral on Facebook after borrowing RM10,000 for his business. Despite repaying 60% of the loan, Tan found himself targeted by these cruel tactics. Similarly, Chan faces relentless harassment over unsettled debts, highlighting the ruthless methods employed by these lenders.

Escalating Violence and Intimidation

The situation has escalated to physical threats, with one family being locked out of their home by creditors demanding payment for a son's debt. The Malaysian Chinese Association has recorded 165 loan shark-related cases, underscoring the severity of the issue.

Call for Action

Chong and Ivan Tan, the bureau’s deputy chief, are urging for stricter laws to combat these criminal activities and warning the public against the dangers of unlicensed moneylenders. The message is clear: the promise of quick cash comes with high risks, including violence and extortion.