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16 arrested in raids

Thread starter Cao Pi
Start date Jul 30, 2010

Cao Pi

Guest

Jul 30, 2010

Jul 30, 2010
16 arrested in raids

 By Carmen Woo

POLICE have arrested 12 men and four women in an island-wide operation against unlicensed moneylending activities. Officers from Clementi Police Division conducted simultaneous raids at various locations on Thursday in a 17- hour operation, resulting in the arrest of the suspects.

Preliminary investigations revealed that the 16 had opened bank accounts and allowed the loansharks to use their bank accounts for loansharking activities. A few of them are also believed to be debtors themselves. Investigations are still on-going.

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