Malaysia's loan shark problem is escalating, with MCA receiving 159 complaints involving nearly RM16 million in loans as of June. <br /><br />Its Public Services and Complaints Department head Datuk Seri Michael Chong warned that syndicates are using increasingly deceptive tactics, including charging victims for red-paint attacks they orchestrated themselves, and imposing interest as high as RM21,000 on a RM1,000 loan. <br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
