Licensed moneylenders' client info 'breached'
Published on Feb 27, 2012
By Elizabeth Soh
Confidential client information belonging to as many as 100 licensed moneylenders in Singapore might have been compromised in the past two months.
Many moneylenders complain that persons masquerading as them have called their clients to offer fuss-free cash loans.
A spokesman for the Moneylender's Association of Singapore (MLAS) told The Straits Times that it was investigating the complaints.
The association has received reports from its members about their clients being harassed by text messages and calls from illegal moneylenders, who apparently had the clients' names and addresses and even knew the sums borrowed.
Read the full story in Monday's edition of The Straits Times.
