Police remove 112 illegal moneylender posters in Sibu during 'Op Vulture'

SIBU (Aug 9): Police have removed 112 illegal moneylender posters during an operation across the town yesterday.

Sibu police chief ACP Zulkipli Suhaili said the operation, dubbed Op Vulture, was carried out by the district’s Commercial Crime Investigation Division in five locations, namely Jalan Sungai Antu, Jalan Wong Ting Hock, Jalan Igan, Jalan Teng Chin Hua, and Jalan Serai.

“The operation was conducted following public complaints and as part of the police’s ongoing efforts to curb unlicensed moneylending activities, which also contribute to financial scams and harassment by loan sharks,” he said in a statement last night.

He said the police will not hesitate to act against those involved in such illegal activities.

“We take this matter seriously as illegal moneylending not only burdens borrowers with exorbitant interest rates but also leads to threats, intimidation, and even violence.

“The public must stay vigilant and avoid falling victim to such schemes,” he said.

Zulkipli also reminded the public that unlicensed moneylending is an offence under the Moneylenders Act 1951 (Act 400).

“I urge the community not to be deceived by suspicious advertisements displayed in public places and to report such cases to the police or contact the National Scam Response Centre (NSRC) at 997,” he added.