Loan Shark Deposited Money into Man’s Account Without Permission & Considered it a Loan

Be careful when you notice someone depositing money into your account for no reason.

Best-case scenario? Someone transferred to the wrong mobile number via PayNow.

And the worst-case scenario? You suddenly became a debtor.

Believe it or not, the latter really happened to a man in Singapore.

Loan Shark Deposited Money into Man’s Account Without Permission & Considered it a Loan

According to Shin Ming News Daily (SMND), the man is a 62-year-old electrical contractor.

He owed over S$7,000 on his credit card and approached the bank to get a personal loan of S$7,600 to pay off his credit card bills.

Then, the bank had said it would reach out to him at a later date.

In the evening of the next day, the man received a phone call from a person claiming to be a staff from the bank.

He had asked for the man’s personal details, including his identification number and bank account number.

Believing the other person on the line, he gave his details in full.

It was only later when he received a text message, did he realise that the person he spoke to is an illegal lender who went on to transfer around $200 to his bank account.

The message also told him to return the money on time.

Returned The Money But The Harassment Wouldn’t Stop

Immediately, the man forwarded the message to his daughter and hurried to the ATM to check on his account.

To his surprise, the amount in his account has really increased by $200.

He quickly made a police report and transferred the $200 back to the loan shark.

He tried to end the matter by closing his bank account, but to no avail.

The loan shark was incredibly persistent.

First, the loan shark attempted to get the man to sympathise with him.

Claiming to have no customers, the loan shark said he kept getting scolded by his boss and pleaded with him to take up a loan.

When the man didn’t reply, the loan shark lost his temper and promised to send people to his home.

It was also reported that the loan shark threatened to go public with his information on Facebook.

Needless to say, the story ended here because the loan shark might have run out of threats.

By the way, did you know that if someone wrongly transferred you money via PayNow and you refuse to return it, you’re breaking a law?

Click here to find out more.

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