There's no red flag in this case because most of those loans were non-collateral loans and he doesn't owe money to anyone so if he goes down with it then he was the one who will be losing money not the other way round (just pointing out).
Two days is not that long to be concerned about either so better be wait for two weeks at least before concluding anything also what's the political status right there now, is there anything alarming?
I agree, I hope Shasan is ok, there are many reasons why he cannot go online, and we can only get the answers once he is back online, Shasan's business is risky for him because of the outstanding loans coming from the many members of this forum.
I hope he can contact anyone here so we can have an update, just like what happened to A.B. Royse, who is able to find a way to contact a few members of the forum to update his situation, because of the loss of internet in their country.