Disabled cheated of RM150,000

Disabled cheated of RM150,000

He finds his personal documents were used without his knowledge to obtain credit cards and stand as a guarantor for a bank loan.

Michael-Chong

PETALING JAYA:
A disabled man’s ambition to expand a toy business was shot down after being cheated of RM150,000 by a friend who was supposed to help him secure a bank loan.

According to The Star Online, the victim, Lim Kok Sing, first met the man, named Tan, in June 2012.

Lim had initially paid RM10,000 as part of commission to Tan, who subsequently brought him to meet a “bank officer” called Pun.

He was made to sign several documents and several copies of his identity card were made.

Six months later, Lim received a bill amounting to RM19,000 from two credit cards that he did not own.

He was then sued by the credit card company and had to file for bankruptcy because he could not pay.

Subsequently, Lim received a letter from a bank stating that he had a RM150,000 debt with the bank after signing as a guarantor for a business he had never heard of before.

“I thought he was my friend and he was helping me. But I had no idea he was a cheater,” Lim said according to The Star Online.

Lim lodged his first police report in January 2014.

“I trusted them and now I have to pay for a steel business under the name of a Mr Goh. I don’t even know who he is,” he said today during a press conference at Wisma MCA.

MCA Public Services and Complaints Department head Michael Chong vowed to provide legal aid to Lim.

Lim questioned how transactions of RM19,000 could be allowed for a credit card with a RM5,000 credit limit.

“I also want to know the status of the investigation on the police report made in 2014.”

Chong advised Malaysians to be alert when signing finance-related documents.

“In this case, Lim signed all the documents with his ‘cheater’ at restaurants instead of doing it at a bank.”

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