Chinese Arrested in Online Lending Scam, Sending Coffins and Funeral Flowers to Borrowers Who Missed Payments
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Online Lending Scam Exposed: NBI Arrests Owner for Harassment and Threats The National Bureau of Investigation (NBI) has made a significant breakthrough by arresting the owner of an online lending application, 24H PESO, accused of employing extreme tactics such as sending coffins and funeral flowers to borrowers who missed payments. This arrest comes after numerous reports of harassment and threats from distressed borrowers. Victims Speak Out One victim, Nanay (Mother) Teresita, recounted her troubling experience: "Pinag-umura nila ako. Tapos kung ano na po sinabi sa akin. Ayan po yung pagdadalaan daw ako ng kabaong. Pero bayad naman po ako." ("They mocked me. They said they would send a coffin. But I had already paid.") Despite having repaid her loan, Teresita faced ongoing harassment, including threats of receiving a coffin. Her initial loan amount of PHP 3,500 resulted in receiving only PHP 1,900, yet the threats persisted even after she had settled her debt. NBI