Scammed out of $3 million, a woman in Singapore had to sell off two of her properties to pay off her ensuing debts with loan sharks. Speaking to Lianhe Zaobao, the 74-year-old...
"Both times, the person would meet me at the carpark ," said Poon, who was told repeatedly that “the police were secretly helping her” and she must not tell anyone about the ongoing “investigation”.
Poon later realised that each time she pressed the button, tens of thousands of dollars were syphoned out of her account.Poon logged into her China Zheshang Bank account a total of 266 times in 20 days, with the outflow of bank transfers amounting to a whopping 14.86 million yuan. Poon logged into her China Zheshang Bank account a total of 266 times in 20 days, with the outflow of bank transfers amounting to a whopping 14.86 million yuan.
She flew to Shanghai and made a police report, but was told by the police there it was out of their jurisdiction as the crime did not happen in China.To clear her loan shark debt, Poon was forced to sell off two of her properties."Although I wouldn't have to care about anything if my life ended, what about others who I owed money to?""I would like to use this unfortunate incident to raise the public's awareness," she said.
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Retiree scammed of $3 million, forced to sell 2 properties to pay loanshark debtShe was swindled of $3 million and had to resort to borrowing from loansharks as well as selling two of her properties to pay off her debt. In a Lianhe Zaobao report today (Jan 11), the 74-year-old retiree, Poon Sing Wah, recounted how she was cheated of her hard-earned money back in 2019. According to Poon, a former Zaobao reporter,...
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