A BUSINESSWOMAN who feared she would lose her husband if she did not become his guarantor for a RM5million (S$20.4 million) bank loan lost him anyway after he ditched her for another woman.

He also left her deep in debt, and even worse, divorced her in January merely by declaring it via SMS, Harian Metro reported.

Adding to the humiliation, the man has taken another wife with whom he has started a new business venture.

The victim, who wanted to be known only as Sofia, 40, once owned a factory and had millions.

Ten years down the road, she is left with nothing as her assets have been frozen after she stood as a guarantor for her husband's massive loan, which the man, in his 50s, has now refused to pay.

"Although a lot of things were kept secret from me, including the combination of our safety box, I agreed to become the guarantor as I wanted to save our marriage.

"I now have nothing left except tears," she said.

Sofia has sought the help of SukaGuam, a volunteer group providing legal aid and advice.