Best is to pass law make it illegal to obtain loans from Ah Longs. Punishment for debtor and creditor same. But here got casinos leh. If peasants don't borrow money to gamble, casinos will close down, pappies will lose income hor. So?
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Loanshark & Runners run wild in Sinkieland!
- Thread starter PhuaCheeBye
- Start date
Borrowing is an offence but hardly applied. They are fearful no debtors would dare make report if charge in court.
Five people arrested for three cases of loanshark activities
AsiaOne
Thursday, Mar 20, 2014
SINGAPORE - The police have arrested five people aged between 29 and 74 for suspected involvement in loanshark activities in three separate cases.
In the first case, a case of loanshark harassment was reported on March 1. A unit at Telok Blangah Drive was splashed with paint and loanshark writings were found on the walls. On March 19 at about 10pm, officers from Clementi Police Division arrested the 37-year-old suspect in the vicinity of Ang Mo Kio Street 31 for suspected involvement in loanshark activities.
Preliminary investigations revealed that the suspect, who is a debtor-turned-runner, had assisted the loanshark syndicates to harass the units of the debtors by scrawling on their walls and splashing paint on their doors. Loanshark-related paraphernalia such as three cans of paint, one marker pen and three sets of mobile phones were also seized from the suspect's house.
In the second case, a 74-year-old man was arrested on March 19 at about 7.45 pm in the vicinity of Telok Blangah Heights by officers from Ang Mo Kio Police Division for suspected involvement in loansharking activities. Preliminary investigations indicated that the suspect, who is also a loanshark debtor-turned-runner, had assisted loansharks by checking on borrower's units for signs of harassment. Investigation against this suspect is on-going.
In the third case, on March 19 at about 9.20 pm, officers from Ang Mo Kio Police Division arrested 3 male suspects aged between 29 and 48 in the vicinity of Upper Boon Keng Road for their involvement in loanshark harassments. The suspects are believed to have committed multiple cases of loanshark harassment island-wide by splashing paint and scrawling loanshark-related graffiti on the walls of HDB blocks.
The suspects in the first and third case will be charged in Court on March 21. If found guilty of any act of loanshark harassment, first-time offenders face a jail term of up to five years, a fine between $5,000 and $50,000, and between three and six strokes of caning.
AsiaOne
Thursday, Mar 20, 2014
SINGAPORE - The police have arrested five people aged between 29 and 74 for suspected involvement in loanshark activities in three separate cases.
In the first case, a case of loanshark harassment was reported on March 1. A unit at Telok Blangah Drive was splashed with paint and loanshark writings were found on the walls. On March 19 at about 10pm, officers from Clementi Police Division arrested the 37-year-old suspect in the vicinity of Ang Mo Kio Street 31 for suspected involvement in loanshark activities.
Preliminary investigations revealed that the suspect, who is a debtor-turned-runner, had assisted the loanshark syndicates to harass the units of the debtors by scrawling on their walls and splashing paint on their doors. Loanshark-related paraphernalia such as three cans of paint, one marker pen and three sets of mobile phones were also seized from the suspect's house.
In the second case, a 74-year-old man was arrested on March 19 at about 7.45 pm in the vicinity of Telok Blangah Heights by officers from Ang Mo Kio Police Division for suspected involvement in loansharking activities. Preliminary investigations indicated that the suspect, who is also a loanshark debtor-turned-runner, had assisted loansharks by checking on borrower's units for signs of harassment. Investigation against this suspect is on-going.
In the third case, on March 19 at about 9.20 pm, officers from Ang Mo Kio Police Division arrested 3 male suspects aged between 29 and 48 in the vicinity of Upper Boon Keng Road for their involvement in loanshark harassments. The suspects are believed to have committed multiple cases of loanshark harassment island-wide by splashing paint and scrawling loanshark-related graffiti on the walls of HDB blocks.
The suspects in the first and third case will be charged in Court on March 21. If found guilty of any act of loanshark harassment, first-time offenders face a jail term of up to five years, a fine between $5,000 and $50,000, and between three and six strokes of caning.
Man arrested for loanshark harassment
AsiaOne
Friday, Mar 21, 2014
SINGAPORE - A 41-year-old man was arrested by the police in the early hours of Friday for suspected involvement in loanshark harassment.
Just past midnight today, the police received a report from a vigilant resident who spotted the suspect splashing paint and scrawling loanshark-related graffiti in the walls of an HDB block in the vicinity of Serangoon Central.
The police arrived at the scene and subsequently arrested the suspect.
Preliminary investigations show that the man could be involved in multiple loanshark harassment cases at Rivervale, Hougang, Ang Mo Kio, Tampines, Serangoon, and Woodland housing estates by splashing paint and scrawling graffiti on walls.
He may also be involved in at least one case of splashing paint on a victim's car to pressure the debtor into repayment.
A handphone containing various photos of housing units which were splashed with paint was found on the suspect and seized as case exhibit.
He will be charged in court tomorrow for loanshark harassment.
First-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment shall be punished with imprisonment for a term not exceeding 5 years, a fine of not less than $5,000 and not more than $50,000, and shall also be liable to caning of not less than 3 and not more than 6 strokes.
[email protected]
AsiaOne
Friday, Mar 21, 2014
SINGAPORE - A 41-year-old man was arrested by the police in the early hours of Friday for suspected involvement in loanshark harassment.
Just past midnight today, the police received a report from a vigilant resident who spotted the suspect splashing paint and scrawling loanshark-related graffiti in the walls of an HDB block in the vicinity of Serangoon Central.
The police arrived at the scene and subsequently arrested the suspect.
Preliminary investigations show that the man could be involved in multiple loanshark harassment cases at Rivervale, Hougang, Ang Mo Kio, Tampines, Serangoon, and Woodland housing estates by splashing paint and scrawling graffiti on walls.
He may also be involved in at least one case of splashing paint on a victim's car to pressure the debtor into repayment.
A handphone containing various photos of housing units which were splashed with paint was found on the suspect and seized as case exhibit.
He will be charged in court tomorrow for loanshark harassment.
First-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment shall be punished with imprisonment for a term not exceeding 5 years, a fine of not less than $5,000 and not more than $50,000, and shall also be liable to caning of not less than 3 and not more than 6 strokes.
[email protected]
Vote Out PAP! They are in Cahoots with Loansharks!
Five arrested for loanshark activities in three separate cases
AsiaOne
Thursday, Mar 27, 2014
SINGAPORE - Police have arrested five people, aged between 15 and 43, believed to be involved in loanshark activities in three separate cases.
In the first case, on March 15, occupants of a house at Dover Crescent found their main gate locked with a bicycle lock and made a police report. The police managed to establish the identity of three teenagers involved, and arrested two girls and one boy aged 15 to 18 on March 25 at about 1pm near Tao Ching Road and Toa Payoh Central.
Preliminary investigations revealed that the teenagers were not debtors but were lured by the fast cash earned. They had helped an unlicensed moneylender to harrass debtors by locking up their gates with bicycle locks. The teenagers are believed to have conducted similar activities in Pandan Gardens, Jurong West and Teck Whye housing estates.
In the second case, officers arrested a 43-year-old suspect at Clementi Avenue 5 on March 25 at about 1.30 pm. Preliminary investigations indicated that the suspect, who is a debtor, had assisted the loanshark syndicates by collecting Automated Teller Machine (ATM) cards from other debtors and also performed electronic fund transactions via ATM. A total of seven ATM cards, $1,250 cash, two small note books, some bank transaction receipts, one mobile phone and a pre-paid card were seized for investigations.
In the third case, a 40-year-old woman was arrested at Ang Mo Kio Avenue 5 on March 25 at about 3.45 pm. She is believed to be a debtor who had used a false residential address to obtain illegal loans from loansharks. This has caused the occupants of her previous address to be harassed by loansharks. She is also being investigated for failing to report the change of her residential address under the National Registration Act.
The 18-year-old male suspect in the first case will be charged in Court on March 27 while investigations against the other two suspects in the first case are on-going.
Under the Moneylenders Act (Revised Edition 2010), first-time offenders found guilty of any acts of loanshark harassment shall be punished with a jail term not exceeding five years, a fine between $5,000 and $50,000, and shall also be liable to between three and six strokes of cane.
As for the suspect in the second and third cases, investigations against them are also on-going.
Under the Moneylenders Act 2010 (Revised Edition):
- First-time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender, may be fined between $30,000 and $300,000, be imprisoned for a term not exceeding four years and shall also be liable to be punished with caning of not more than six strokes
- Any person who is guilty of providing false contact information to obtain loans from loansharks shall be liable upon conviction to imprisonment for a term not exceeding 12 months. Under the National Registration Act, any person who is guilty of an offence of failing to report a change of address shall be liable on conviction to a maximum fine of $5,000 or a maximum jail term of 5 years or to both.
AsiaOne
Thursday, Mar 27, 2014
SINGAPORE - Police have arrested five people, aged between 15 and 43, believed to be involved in loanshark activities in three separate cases.
In the first case, on March 15, occupants of a house at Dover Crescent found their main gate locked with a bicycle lock and made a police report. The police managed to establish the identity of three teenagers involved, and arrested two girls and one boy aged 15 to 18 on March 25 at about 1pm near Tao Ching Road and Toa Payoh Central.
Preliminary investigations revealed that the teenagers were not debtors but were lured by the fast cash earned. They had helped an unlicensed moneylender to harrass debtors by locking up their gates with bicycle locks. The teenagers are believed to have conducted similar activities in Pandan Gardens, Jurong West and Teck Whye housing estates.
In the second case, officers arrested a 43-year-old suspect at Clementi Avenue 5 on March 25 at about 1.30 pm. Preliminary investigations indicated that the suspect, who is a debtor, had assisted the loanshark syndicates by collecting Automated Teller Machine (ATM) cards from other debtors and also performed electronic fund transactions via ATM. A total of seven ATM cards, $1,250 cash, two small note books, some bank transaction receipts, one mobile phone and a pre-paid card were seized for investigations.
In the third case, a 40-year-old woman was arrested at Ang Mo Kio Avenue 5 on March 25 at about 3.45 pm. She is believed to be a debtor who had used a false residential address to obtain illegal loans from loansharks. This has caused the occupants of her previous address to be harassed by loansharks. She is also being investigated for failing to report the change of her residential address under the National Registration Act.
The 18-year-old male suspect in the first case will be charged in Court on March 27 while investigations against the other two suspects in the first case are on-going.
Under the Moneylenders Act (Revised Edition 2010), first-time offenders found guilty of any acts of loanshark harassment shall be punished with a jail term not exceeding five years, a fine between $5,000 and $50,000, and shall also be liable to between three and six strokes of cane.
As for the suspect in the second and third cases, investigations against them are also on-going.
Under the Moneylenders Act 2010 (Revised Edition):
- First-time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender, may be fined between $30,000 and $300,000, be imprisoned for a term not exceeding four years and shall also be liable to be punished with caning of not more than six strokes
- Any person who is guilty of providing false contact information to obtain loans from loansharks shall be liable upon conviction to imprisonment for a term not exceeding 12 months. Under the National Registration Act, any person who is guilty of an offence of failing to report a change of address shall be liable on conviction to a maximum fine of $5,000 or a maximum jail term of 5 years or to both.
Hahaha funny avatar.
very funny meh? Mine is better hor!
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Island-wide operation results in 11 arrests for loansharking activities
AsiaOne
Friday, Mar 28, 2014
The police arrested 11 people between the ages of 20 and 54 for their involvements in loansharking activities, between March 26 and 27.
The arrests of 6 men and 5 women were a result of an islandwide operation covering Toa Payoh, Woodlands, Kaki Bukit, Bukit Panjang and Bukit Batok housing estates.
The investigations revealed that the suspects have opened bank accounts and given away their Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to loansharks to facilitate their businesses.
The police also discovered that one of the men, aged 47, have also assisted the loanshark syndicates to procure ATM cards and PINs from others.
The man will be charged in court on March 29. First-time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender, can be fined between $30,000 and $300,000, jailed up to 4 years, and are also liable to receiving up to 6 strokes of the cane.
AsiaOne
Friday, Mar 28, 2014
The police arrested 11 people between the ages of 20 and 54 for their involvements in loansharking activities, between March 26 and 27.
The arrests of 6 men and 5 women were a result of an islandwide operation covering Toa Payoh, Woodlands, Kaki Bukit, Bukit Panjang and Bukit Batok housing estates.
The investigations revealed that the suspects have opened bank accounts and given away their Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to loansharks to facilitate their businesses.
The police also discovered that one of the men, aged 47, have also assisted the loanshark syndicates to procure ATM cards and PINs from others.
The man will be charged in court on March 29. First-time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender, can be fined between $30,000 and $300,000, jailed up to 4 years, and are also liable to receiving up to 6 strokes of the cane.
Police appeal for information on loanshark harassment
AsiaOne
Friday, Mar 28, 2014
The police are looking for the man shown in the picture to assist with investigations into a case of loanshark harassment around Yishun St 61.
He is believed to be in his 20s, medium build with fair complexion and short hair. He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
Anyone with information can call the Police Hotline at 1800-255-0000. Information can also be submitted online via the CrimeStopper
AsiaOne
Friday, Mar 28, 2014
The police are looking for the man shown in the picture to assist with investigations into a case of loanshark harassment around Yishun St 61.
He is believed to be in his 20s, medium build with fair complexion and short hair. He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
Anyone with information can call the Police Hotline at 1800-255-0000. Information can also be submitted online via the CrimeStopper
Confirm kena caught soon once photo is taken...hahahaha
Police appeal for information on loanshark harassment
AsiaOne
Friday, Mar 28, 2014
The police are looking for the man shown in the picture to assist with investigations into a case of loanshark harassment around Yishun St 61.
He is believed to be in his 20s, medium build with fair complexion and short hair. He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
He was last seen attired in a black t-shirt, black Bermudas and carrying a sling bag.
Anyone with information can call the Police Hotline at 1800-255-0000. Information can also be submitted online via the CrimeStopper
PAP is either CLUELSS or is in CAHOOTS with Loansharks lah.
Or Else why do you think no Big Fishes get caught!
Or Else why do you think no Big Fishes get caught!
If all ah long big fishes arrested by matas, very bad for the casino businesses. Got it?
Typical PAP attitude! PAP makes money from MBS...You Sinkies even innocent get harassed by Loansharks is YOUR OWN PROBLEM!
First World Government - You Die Your Own PRoblem!
2 arrested for loanshark harassment
AsiaOne
Monday, Mar 31, 2014
SINGAPORE - Police have arrested two male suspects, aged 15 and 20, for loanshark harassment.
Police officers from Ang Mo Kio Police Division arrested the 15-year-old and the 20-year-old suspects at Jurong West Street 81 and Marsiling Drive respectively on Monday at about 9am.
Preliminary investigations indicate that both suspects had committed loanshark harassment together in Ang Mo Kio and Punggol by locking the gates of debtors units with bicycle locks and splashing paint.
Both suspects will be charged in Court on April 1 for loanshark harassment. If found guilty, they may be fined up to $50,000 each, be jailed up to five years and caned up to six strokes.
[email protected]
AsiaOne
Monday, Mar 31, 2014
SINGAPORE - Police have arrested two male suspects, aged 15 and 20, for loanshark harassment.
Police officers from Ang Mo Kio Police Division arrested the 15-year-old and the 20-year-old suspects at Jurong West Street 81 and Marsiling Drive respectively on Monday at about 9am.
Preliminary investigations indicate that both suspects had committed loanshark harassment together in Ang Mo Kio and Punggol by locking the gates of debtors units with bicycle locks and splashing paint.
Both suspects will be charged in Court on April 1 for loanshark harassment. If found guilty, they may be fined up to $50,000 each, be jailed up to five years and caned up to six strokes.
[email protected]
Make it a crime to borrow from loan sharks
The New Paper
Tuesday, Apr 01, 2014
One of my neighbours borrowed money from unlicensed moneylenders and defaulted on repayments.
Some time after the Chinese New Year, a loan-shark runner splashed paint onto three units of my HDB block, vandalising the doors and iron gates. I was one of the victims.
Such appalling tactics of loan sharks are common these days.
To nip the problem in the bud, the authorities should make it illegal for anyone to borrow money from unlicensed moneylenders.
Growing demand from borrowers continues to fuel the growth and proliferation of unlicensed moneylenders. If the demand is significantly curtailed, then the number of loan sharks will be reduced considerably.
In this way, there will be fewer incidents of loan-shark intimidation.
Teo Kok Seah
The New Paper
Tuesday, Apr 01, 2014
One of my neighbours borrowed money from unlicensed moneylenders and defaulted on repayments.
Some time after the Chinese New Year, a loan-shark runner splashed paint onto three units of my HDB block, vandalising the doors and iron gates. I was one of the victims.
Such appalling tactics of loan sharks are common these days.
To nip the problem in the bud, the authorities should make it illegal for anyone to borrow money from unlicensed moneylenders.
Growing demand from borrowers continues to fuel the growth and proliferation of unlicensed moneylenders. If the demand is significantly curtailed, then the number of loan sharks will be reduced considerably.
In this way, there will be fewer incidents of loan-shark intimidation.
Teo Kok Seah
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