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Toshiie Maeda
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Former auxiliary officer jailed, fined for assisting loanshark
By Shaffiq Alkhatib | Posted: 28 July 2011 1844 hrs
SINGAPORE: A former auxiliary police officer was sentenced on Thursday to 10 weeks' jail and fined S$30,000 for helping a loanshark with his business.
Should he fail to pay the fine, 44-year-old Tan Yam Teck will have to spend an additional 10 weeks behind bars.
The ex-AETOS officer opened a bank account on January 31 this year so that an unlicensed moneylender, known only as "Ah Sy", could use it for his illegal activities.
Assistant Public Prosecutor Paul Cheong said that due to his gambling habit, Tan had racked up loans totalling S$3,000 in February last year, which he took from several unlicensed moneylenders including Ah Sy.
Tan managed to clear his debts by November that year.
But two months later, he received a call from Ah Sy, offering him a sum of S$150 in exchange for opening a bank account on his behalf.
Tan agreed to do so and even obtained a replacement ATM card for Ah Sy when the loanshark lost it in May this year.
- CNA/fa
