Tuesday , February 20 2018

Kuwaiti, victim of loan sharks tells story, warns others; Bangladeshi organizing illegal lottery

KUWAIT CITY, Jan 20: A Kuwaiti man recently visited the premises of Al-Rai daily to narrate his experience with loan sharks, reports Al- Rai daily. The man explained that it began when he failed to pay debts to a bank. Through a Kuwaiti man, a Syrian expatriate offered to help by giving him a loan worth KD 70,000 in return for a low interest rate, provided he signed a promissory note. He agreed and signed on the note without actually receiving the money, because the loaner promised to give him the money. However, he disappeared for a short time and then returned to ask him to sign a new promissory note under the pretext that the previous one was damaged when his wife put it in the washing machine by mistake. He realized the game and refused but he was shocked when he discovered that he was wanted by law because the loan shark had filed a lawsuit against him. The loaner later met him again and promised to help settle the issue if he was given KD 5,000, a new game that did not complete. The citizen decided to submit his story to the media in order to warn others against becoming victims of loan sharks.

Illegal lottery: An Asian expatriate was arrested for organizing an illegal lottery in Jleeb Al-Shuyoukh area. According to security sources, Jleeb Al-Shuyoukh Police Station received information that a Bangladeshi expatriate has been collecting large sums of money from Asian expatriates in order to conduct a lottery on January 16 and distribute the money to the winners of the lottery. Securitymen raided the location where the lottery was to be held, arrested the organizer and confiscated the money and lottery tickets. He was referred with the confiscated items to the concerned authorities for necessary legal action.

By Munaif Nayef Al-Seyassah Staff and Agencies

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