Jan 11, 2011
24 arrested in islandwide anti-loansharking operation
THE police arrested 22 men and 2 women in an island-wide operation for suspected involvement in loansharking activities. -- PHOTO: POLICE
THE police arrested 22 men and 2 women in an island-wide operation from Sunday to Monday for suspected involvement in loansharking activities.
Preliminary investigations revealed that the 24 people, aged between 19 and 60 years, had opened bank accounts and given away their automated teller machine (ATM) cards and Personal Identification Numbers to loansharking syndicates.
Five of the suspects are also believed to have carried out harassments for the loansharks, while two others are believed to have carried out bank transfers and verified debtor particulars respectively.
Two ATM cards, one bank account book, three mobile phones and three black marker pens were seized as case exhibits.
Three of the suspects were charged in court on Tuesday. The remaining four suspects will be charged in court on Wednesday. Investigations against the remaining suspects are on-going.
