Loanshark sets gate of HDB flat on fire, then sends video to victim

Loanshark sets gate of HDB flat on fire, then sends video to victim
PHOTO: Video screengrab

A video circulating on Facebook shows a suspected loan-shark setting a HDB flat on fire and sending the footage to the victim.

The video posted by by Singapore Anti LoanSharks first shows the perpetrator setting the door of the HDB flat on fire with a burning object.

The fire then starts to spread and soon engulfs the entire door.

Black paint can also be seen on the door and of the HDB unit as well as the unit beside it which suggests that the homes may have also been vandalised before it was set on fire.

The administrators of the Facebook page have also posted a screenshot of a WhatApp message believed to be sent by the loan-shark to his victim.

Read a caption on the video:

"Latest tactic by Ah Long is sending such videos to borrower and say that Your House Will Be Next! If you don't pay up.

"Threatening borrowers and giving them mental torture, building fear, psychological and emotional abuse of the whole family creating sense of insecurity and unable to feel safe at any point of time. Many families have broken up even breaking down due to extreme stress and depression being unable to cope with Ah long daily torture.

"The only way to prevent this from happening to you is, Do not borrow from illegal moneylenders no matter what."

The video has garnered almost 40,000 views since it was posted two days ago (Oct 16).

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