67yo M’sian Dad Finishes RM240K Savings & Has to Work Again to Settle Son’s Debts with Loan Sharks

As our parents aged, we try our best to repay their tireless efforts in raising us and educating us. A 67-year-old Malaysian father, however, had to put his retirement plan aside to help his son, who is addicted to gambling and has debts with loan sharks.

In a recent press conference, the father said his 35-year-old son borrowed money from the loan sharks to support his lavish lifestyle.

The man, Wong, admitted to having used up his RM240,000 savings just to settle the debts for his son in 2019 and thought his son would change. He thought wrong.

“A few days back, I received a call from my other son who told me there were loan sharks looking for his brother. They asked for RM12,000. I have also received Whatsapp messages from the loan sharks asking for money.”

Wong also noticed that pictures of his family members went viral online, with the caption that stated “wanted.”

Wong had no choice but to continue working as an e-hailing driver at his age to settle the debts, and it broke his heart when he had to cut his family connection with his son who has not changed.

The man has since lodged a police report, but the family continues to live in fear as they have no idea when the loan sharks will strike again.

If you’re financially tight, it’s best to trace your spending records and borrowing from loan sharks is never an option.

Also read: “They’re on loans with ah long!” – M’sian Model Says Many Local Celebrities are Flaunting Fake Wealth