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Loanshark & Runners run wild in Sinkieland!
- Thread starter PhuaCheeBye
- Start date
- Joined
- Sep 20, 2013
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- Jul 11, 2013
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Man, 38, arrested for loanshark harassment in Ang Mo Kio
AsiaOne
Friday, Jan 10, 2014
A 38-year-old man has been arrested for suspected involvement in loanshark harassment.
The suspect was arrested at Bukit Batok Street 52 today at 1pm.
Preliminary investigation revealed that he is a debtor-turned-runner and had committed loanshark harassment in Ang Mo Kio by splashing paint and scrawling loanshark-related graffiti on the walls of HDB blocks.
The suspect will be charged in court tomorrow for loanshark harassment under the Moneylenders Act.
First-time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to five years and mandatory caning of up to six strokes.
[email protected]
AsiaOne
Friday, Jan 10, 2014
A 38-year-old man has been arrested for suspected involvement in loanshark harassment.
The suspect was arrested at Bukit Batok Street 52 today at 1pm.
Preliminary investigation revealed that he is a debtor-turned-runner and had committed loanshark harassment in Ang Mo Kio by splashing paint and scrawling loanshark-related graffiti on the walls of HDB blocks.
The suspect will be charged in court tomorrow for loanshark harassment under the Moneylenders Act.
First-time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to five years and mandatory caning of up to six strokes.
[email protected]
- Joined
- Oct 1, 2013
- Messages
- 69
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- 18
Catch all these runners for fuck...they get caught go in changi holiday a few months..come out do again the same harassment...
Merry go Round!
Merry go Round! - Joined
- Jul 11, 2013
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- 837
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- 28
Manager of licensed moneylending company fined $20,000
AsiaOne
Monday, Jan 13, 2014
SINGAPORE - A manager of a money lending company was convicted on four out of 11 charges brought against him by the Registry of Moneylenders, a division of the Insolvency and Public Trustee's Office.
Tan Wah Yee, 46, pleaded guilty to the four charges in the Subordinate Courts and was fined $20,000 in default 11 weeks' imprisonment.
The registry had found that the money lending company, Sapphire Credit and Investments Pte Ltd, held a moneylending licence from Feb 23, 2010 to Feb 22, 2011, which was not renewed upon expiry as the company was then under investigation for offences which possibly warranted prosecution.
The charges he pleaded guilty to are for commencing the business of moneylending at a place of business without the approval of the Registrar, recklessly furnishing false information to the Registrar and failure to extend a completed loan application form to a borrower.
The last charge was for granting an unsecured loan to a Singapore borrower with an annual income of at least $20,000 but less than $30,000, thereby causing the outstanding loan amount to exceed the prescribed limit of two months of the borrower's income.
The remaining seven charges were taken into consideration by the Court for the purposes of sentencing.
Twenty licensed moneylenders have been convicted and fined since 2011.
Those convicted of breaches of the Moneylenders Act and Rules can be fined up to $40,000 and/or jailed for up to two years on each charge.
[email protected]
AsiaOne
Monday, Jan 13, 2014
SINGAPORE - A manager of a money lending company was convicted on four out of 11 charges brought against him by the Registry of Moneylenders, a division of the Insolvency and Public Trustee's Office.
Tan Wah Yee, 46, pleaded guilty to the four charges in the Subordinate Courts and was fined $20,000 in default 11 weeks' imprisonment.
The registry had found that the money lending company, Sapphire Credit and Investments Pte Ltd, held a moneylending licence from Feb 23, 2010 to Feb 22, 2011, which was not renewed upon expiry as the company was then under investigation for offences which possibly warranted prosecution.
The charges he pleaded guilty to are for commencing the business of moneylending at a place of business without the approval of the Registrar, recklessly furnishing false information to the Registrar and failure to extend a completed loan application form to a borrower.
The last charge was for granting an unsecured loan to a Singapore borrower with an annual income of at least $20,000 but less than $30,000, thereby causing the outstanding loan amount to exceed the prescribed limit of two months of the borrower's income.
The remaining seven charges were taken into consideration by the Court for the purposes of sentencing.
Twenty licensed moneylenders have been convicted and fined since 2011.
Those convicted of breaches of the Moneylenders Act and Rules can be fined up to $40,000 and/or jailed for up to two years on each charge.
[email protected]
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FUCK PAP! Useless Bunch of SPFs.. Hide in Ambulance...Jiat Liao Bee! :oIo:
- Joined
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SPF REALLY FUCKUP....Cny around the corner and so many harassment cases!
Fuck PAP!
Fuck PAP!
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16 arrested for loanshark activities
AsiaOne
Wednesday, Jan 15, 2014
SINGAPORE - A total of 15 men and one woman have been arrested for allegedly taking part in loanshark activities, the police said on Wednesday.
On Monday and Tuesday, police arrested 13 men and 1 woman, aged between 24 and 62, during operations in Jurong West, Choa Chu Kang, Punggol, Bukit Batok, Middle Road and Woodlands.
The suspects are believed to be debtors who had registered for bank accounts and given away their Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to loansharks to facilitate the their illegal business.
Another two men, aged 29 and 55, were arrested on Tuesday for allegedly obtaining ATM cards from debtors to facilitate loanshark syndicates.
Under the Moneylenders Act 2010, first-time offenders found guilty of assisting unlicensed moneylenders may be fined between $30,000 and $300,000. They will also face a jail term of up to four years and can caned up to six strokes.
AsiaOne
Wednesday, Jan 15, 2014
SINGAPORE - A total of 15 men and one woman have been arrested for allegedly taking part in loanshark activities, the police said on Wednesday.
On Monday and Tuesday, police arrested 13 men and 1 woman, aged between 24 and 62, during operations in Jurong West, Choa Chu Kang, Punggol, Bukit Batok, Middle Road and Woodlands.
The suspects are believed to be debtors who had registered for bank accounts and given away their Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to loansharks to facilitate the their illegal business.
Another two men, aged 29 and 55, were arrested on Tuesday for allegedly obtaining ATM cards from debtors to facilitate loanshark syndicates.
Under the Moneylenders Act 2010, first-time offenders found guilty of assisting unlicensed moneylenders may be fined between $30,000 and $300,000. They will also face a jail term of up to four years and can caned up to six strokes.
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CNY coming is the time loansharks will up their harrsssement....debtors will more likely pay up then to have a newly decorated door when relatives come a visiting....
- Joined
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Have you seen these men?
Two of the men (far left and centre) are sought in a case of loanshark harassment on January 4. The third man (far right) is sought for another case reported on December 25.
AsiaOne
Wednesday, Jan 15, 2014
SINGAPORE - Police are looking for three men to assist in investigations of loanshark harassment at Ang Mo Kio in December and January.
Two of the men are being sought in the case of harassment at Ang Mo Kio Ave 5 on January 4. The first man is believed to be in his thirties, has short hair and is of medium build. He was last seen wearing a white T-shirt.
The second man is believed to be in his fifties, has short hair and is of medium build. He was last seen wearing a brown checkered shirt.
Police are also looking for a third man believed to have information on a case of loanshark harassment reported in the vicinity of Ang Mo Kio Ave 5 on December 25 last year.
The man is in his twenties, has short hair and is of medium build. He was last seen wearing a blue polo-shirt, a white cap and was carrying a black sling bag.
Anyone with information should call the Police Hotline at 1800-2550000. Information can also be submitted online via the CrimeStopper portal at www.spf.gov.sg/CrimeStopper . All information will be kept strictly confidential.
[email protected]
Two of the men (far left and centre) are sought in a case of loanshark harassment on January 4. The third man (far right) is sought for another case reported on December 25.
AsiaOne
Wednesday, Jan 15, 2014
SINGAPORE - Police are looking for three men to assist in investigations of loanshark harassment at Ang Mo Kio in December and January.
Two of the men are being sought in the case of harassment at Ang Mo Kio Ave 5 on January 4. The first man is believed to be in his thirties, has short hair and is of medium build. He was last seen wearing a white T-shirt.
The second man is believed to be in his fifties, has short hair and is of medium build. He was last seen wearing a brown checkered shirt.
Police are also looking for a third man believed to have information on a case of loanshark harassment reported in the vicinity of Ang Mo Kio Ave 5 on December 25 last year.
The man is in his twenties, has short hair and is of medium build. He was last seen wearing a blue polo-shirt, a white cap and was carrying a black sling bag.
Anyone with information should call the Police Hotline at 1800-2550000. Information can also be submitted online via the CrimeStopper portal at www.spf.gov.sg/CrimeStopper . All information will be kept strictly confidential.
[email protected]
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here's the deal. big boys at the top get 5-10% from the 'investments'. big boys finance nia. then, many layers in between. those u see as pai kias or ah longs are the lowest level liao. so, u can never eradicate ah longs. the real alongs are the big boys. no tattoos one. speak perfect england. minimum driving 5 series.
why stinkees so gong har?
why stinkees so gong har?
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why cannot catch? becos' sibeh malu of sekali got mps or high level pappies involve in this financing biz leh.
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yalor...PAP really fucked up...Maybe Police see LS runners, the police hide in ambulance .... hahaha
- Joined
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top level financers will always be covered. even if kena invested, can always say they just sleeping partners in those fucking shell companies. they dun know.
nah bez puah chee bye lah. this type of game, kids also know. this is fucking god damm good business if u are pappies connected.
nah bez puah chee bye lah. this type of game, kids also know. this is fucking god damm good business if u are pappies connected.
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pang siao biz. hahahah. pui!
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