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Loan Sharks Increasingly Tech-Savvy : Consumers Beware

10 mins·08:45, 18 Jul 2024
podcast image

Loan Sharks Increasingly Tech-Savvy : Consumers Beware

10 mins
·
08:45, 18 Jul 2024
·

Guest: Dr Zaharuddin A. Rahman, CEO, Elzar Shariah Solution & MyClass Technologies

Loan sharks have increasingly turned to digital platforms to extend their reach, with Bukit Aman recently uncovering a loan shark syndicate that recruited henchmen via Facebook ads and then communicated tasks via Whatsapp. Dr Zaharuddin A Rahman, a shariah advisor at shariah consultancy firm, Elzar Shariah Solution, shed some light into how this has been happening and how the public can be more vigilant.


Image Credit: Shutterstock.com

Presenter: Wong Shou Ning, Shazana Mokhtar, Keith Kam

Producer: Grace Tan, Valeryn Izabel Venu

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