http://www.straitstimes.com/Breaking+News/Singapore/Story/STIStory_397281.html
6 loan-shark suspects held
By Melissa Pang
SIX persons were arrested on Monday night for suspected involvement in a syndicate believed to be responsible for more than 180 loan-shark related harassment cases.
The six suspects are five men and a woman, aged between 26 and 34-years-old.
They were nabbed in a raid that covered various locations including Jurong, Woodlands Drive 52, and the Balestier area. Items such as $19,000 cash, mobile phones, ATM cards, laptops and suspected debtor records were also seized.
Based on preliminary investigations, the suspects had assisted the syndicate to collect repayments through electronic fund transfers. They also committed harassment in connection with debtor loans.
The male suspects will be charged in Court on Wednesday, while the woman suspect has been released on bail pending further investigations.
In a separate case, four male suspects aged between 16 and 19 were arrested on Monday morning for involvement in loan-sharking activities.
Two were nabbed in the Punggol area, while further leads led to the arrest of another pair at their residences in Sengkang.
Police also seized ATM cards, bank books, bank transfer receipts, a computer and handphones in their possession.
Preliminary investigations indicated that the youths had applied for several bank accounts for the loan-sharks to carry out their loan-sharking activities via bank transfers. They had also invited persons to apply for illegal loans.
A 19-year-old suspect will be charged in Court on Wednesday, while the other three youths will be released on police bail, pending further investigation.
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Loan-sharks used ambulance
6 loan-shark suspects held
By Melissa Pang
SIX persons were arrested on Monday night for suspected involvement in a syndicate believed to be responsible for more than 180 loan-shark related harassment cases.
The six suspects are five men and a woman, aged between 26 and 34-years-old.
They were nabbed in a raid that covered various locations including Jurong, Woodlands Drive 52, and the Balestier area. Items such as $19,000 cash, mobile phones, ATM cards, laptops and suspected debtor records were also seized.
Based on preliminary investigations, the suspects had assisted the syndicate to collect repayments through electronic fund transfers. They also committed harassment in connection with debtor loans.
The male suspects will be charged in Court on Wednesday, while the woman suspect has been released on bail pending further investigations.
In a separate case, four male suspects aged between 16 and 19 were arrested on Monday morning for involvement in loan-sharking activities.
Two were nabbed in the Punggol area, while further leads led to the arrest of another pair at their residences in Sengkang.
Police also seized ATM cards, bank books, bank transfer receipts, a computer and handphones in their possession.
Preliminary investigations indicated that the youths had applied for several bank accounts for the loan-sharks to carry out their loan-sharking activities via bank transfers. They had also invited persons to apply for illegal loans.
A 19-year-old suspect will be charged in Court on Wednesday, while the other three youths will be released on police bail, pending further investigation.
Read also:
Loan-sharks used ambulance
