Marked up wasnt started yesterday.

Compressed loan wasnt started yesterday

Is all in the open. Press reported. Official mof statements made.

BNM is NOT sleeping, not sure about you.

They can ONLY implement rules to curb but CANNOT stop.

How many kg of info you need ? Just google and tons are available.

This post has been edited by mini orchard: Jul 25 2020, 07:22 PM

How to markup the loan?

Read my earlier post.

This post has been edited by mini orchard: Jul 25 2020, 06:07 PM

The issue is you have Never been caught yet. It is 100% illegal and will fall under Section 420 for INTENTIONALLY deceiving and fraudulently in order to gain from the bank. Understand the law first. Just Because You have Never been caught doesnt mean it is legal. Those who aiding and abetting would similarly be charged under s34 as well

Just cut the BS down & prove it's 100% illegal then and be consistent.

He said Technically not illegal, but at the same time 100% illegal. Kinda conpius.

Dono what he's trying 2 say but more importantly is the hot money already in pocket. Who cares after all.

This post has been edited by propertyowner: Jul 26 2020, 12:54 AM

Although there are enough legislation to charge marked up loan borrower for loan fraud. however, local bank is more keen to recover debts and police commercial crime division don't normally get involve in debts recovery. given rising npl from marked up loan, it won't be a surprise some will be charged for loan fraud to deter future offence, especially those marked up for huge cash back.

This post has been edited by icemanfx: Jul 26 2020, 01:04 AM

Developer selling to you can be in similar methodology but they never call it as mark up loan. Just deep dive more on how things work n you'll be surprised.

For reasons, some banks give low LTV to some developers units.

Most of the times, banks gav high LTV to developers with rebates/discounts.

There is a BIG different between marked-up price for loan purpose and marked-up price for supply of services/products.

The former is 'executed' through the loan agreement where 'REPAYMENT IS MANDATORY'. Upon settlement of the loan, banks have collected back the principal disbursed plus interest. There is NO loss to the bank. There is NO fraud.

Again, I repeat ... default by borrower is lain cerita .


The latter is 'executed' through a price increase for the supply of services/products. Suppliers dont benefit from the price increase. Less services/products are being supplied for the same amount of money paid. There is a LOSS to the company that have paid a higher price for the services/products. The person who received the 'marked-up' is NOT OBLIGATED' to repay the money received. THIS IS FRAUD !

The forner is 'legal' and the latter is ILLEGAL !

It NOT a surprised that NON will be charged for 'loan fraud' which is 'illegal' made legal between banks and borrowers through a LEGAL STAMPED LOAN AGREEMENT !

Banks are 'illegal' Ah Long made legal by BNM through issuance of banking licences while Ah Long are 'illegal' made illegal due to non compliance requirements ! Nevertheless, both are money lenders !

If marked-up is bank compliance, how is it a fraud ?

This post has been edited by mini orchard: Jul 26 2020, 04:55 AM

Mark up loan is a loophole, not illegal

Criminal case is investigated by police. As long as bank could recover debts, they don't report to police. Bank don't report to police doesn't mean it is not illegal.

Knowing culture in this country, there will be people pushed their luck too far to end in criminal case.

From the begining, I didnt say is legal or illegal.

This post has been edited by mini orchard: Jul 26 2020, 10:43 AM

So with this statement of yours, "They can ONLY implement rules to curb but CANNOT stop.". You have agreed that it is illegal to do so. I hope one day you get the right idea why is it illegal.

I do not have any intention to explain further too... i do not earn any leads or businesses here ...

Banks don't report to police mean they dont have proof that it is not 'illegal'

Bank Legal Advisers are not for parade ! They are being paid for their professional opinion !

Is as simple ...'Catch me lor, if you can !'

This post has been edited by mini orchard: Jul 27 2020, 12:26 AM

Loan disbursement and transaction is all recorded, poof is not difficult to gather. Bank prefer to recover bad debts rather than spending resources on criminal proceedings.

It is a matter of time, bank will want borrower to proof ze has paid non financed portion of purchase before loan disbursement.

This post has been edited by icemanfx: Jul 27 2020, 12:36 AM

Criminal proceedings are not the purview of banks ! When can next of kin charged a murderer for murder !

Bank will only disbursed what is being loan. Proof of balance payment or all payments are handled by the lawyers ! Whether any actual cash movement is inmaterial as long seller 'CONFIRMED RECEIVED' through a booking receipt !

Or are you talking about a live video recording of a 'hand shake.'

There was a saying by a 'popular' forumer in lowyat forum ...

"Those who lives in coconut shell thinks that is his world !"

This post has been edited by mini orchard: Jul 27 2020, 08:08 AM

In criminal trial, bank may need to send staffs to court as witness.

'confirmed received' without actual transaction is a FRAUD.