Reddit user reports RM80k placed with licensed money lender's interest scheme unrecovered after nearly four years

A Reddit user reports entrusting RM80,000 to a decades-long family friend operating as a licensed money lender, after being told they could lend money to his network and earn interest returns. Nearly four years later the money has not been recovered. The arrangement began during the Covid lockdown. Single low-engagement post; the lender is not named, and no police report, regulatory action, or legal outcome is stated.

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