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the feason is because PAP connections of these mastermind LS....that is why problem is not resolved after more than a decade!
Vote PAP Out!
-
IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here. The OTHER forum is HERE so please stop asking.
Loanshark & Runners run wild in Sinkieland!
- Thread starter PhuaCheeBye
- Start date
the feason is because PAP connections of these mastermind LS....that is why problem is not resolved after more than a decade!
Vote PAP Out!
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Police seek man with information on Woodlands loanshark harassment
AsiaOne
Wednesday, May 14, 2014
SINGAPORE - Police are looking for the man in the photo to assist with investigations into several cases of loanshark harassment.
The harassment happened at Block 352 Woodlands Avenue 1 on May 2.
He is described as slim with short hair. He was last seen wearing a black T-shirt and blue pants.
Anyone with information should call the Police Hotline at 1800-255 0000. Information can also be submitted online via the CrimeStopper portal at www.spf.gov.sg/CrimeStopper. All information will be kept strictly confidential.
AsiaOne
Wednesday, May 14, 2014
SINGAPORE - Police are looking for the man in the photo to assist with investigations into several cases of loanshark harassment.
The harassment happened at Block 352 Woodlands Avenue 1 on May 2.
He is described as slim with short hair. He was last seen wearing a black T-shirt and blue pants.
Anyone with information should call the Police Hotline at 1800-255 0000. Information can also be submitted online via the CrimeStopper portal at www.spf.gov.sg/CrimeStopper. All information will be kept strictly confidential.
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- Jul 11, 2013
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- 837
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- 28
4 men arrested for involvement in loanshark activities
AsiaOne
Tuesday, May 13, 2014
SINGAPORE - In two separate cases, Police have arrested four men for their suspected involvement in loansharking activities.
In the first case, on May 13, 2014 at 4.40am, while performing anti-crime patrols, officers from Clementi Police Division spotted three subjects behaving suspiciously in the vicinity of Jurong East Street 31.
The men fled upon seeing the officers approaching them. The officers gave chase and managed to apprehend one of them.
Follow-up investigations revealed that the three men are believed to have splashed paint on a debtor's unit prior to their encounter with the officers. Officers arrested the other two suspects in the vicinity of Bishan St 22 and Yishun Ring Road on the same day at about 1pm.
Preliminary investigations revealed all three are believed to be involved in several cases of loanshark harassment committed at housing estates such as Jurong East, Woodlands, Tampines and Ang Mo Kio.
In the second case, on May 12, 2014 at about 10pm, acting on information received, Crime Strike Force officers from Woodlands East Neighbourhood Police Centre (NPC) conducted an ambush and arrested a 34-year-old at Woodlands Crescent. Upon his arrest, one handphone and two ATM cards were seized in connection to the case.
Preliminary investigation revealed that the accused had assisted to collect repayment from a debtor. He had also assisted the loanshark syndicate to collect Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) and used his own ATM card to perform fund transactions related to loansharking businesses.
First time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender may be fined not less than $30,000 and not more than $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.
[email protected]
AsiaOne
Tuesday, May 13, 2014
SINGAPORE - In two separate cases, Police have arrested four men for their suspected involvement in loansharking activities.
In the first case, on May 13, 2014 at 4.40am, while performing anti-crime patrols, officers from Clementi Police Division spotted three subjects behaving suspiciously in the vicinity of Jurong East Street 31.
The men fled upon seeing the officers approaching them. The officers gave chase and managed to apprehend one of them.
Follow-up investigations revealed that the three men are believed to have splashed paint on a debtor's unit prior to their encounter with the officers. Officers arrested the other two suspects in the vicinity of Bishan St 22 and Yishun Ring Road on the same day at about 1pm.
Preliminary investigations revealed all three are believed to be involved in several cases of loanshark harassment committed at housing estates such as Jurong East, Woodlands, Tampines and Ang Mo Kio.
In the second case, on May 12, 2014 at about 10pm, acting on information received, Crime Strike Force officers from Woodlands East Neighbourhood Police Centre (NPC) conducted an ambush and arrested a 34-year-old at Woodlands Crescent. Upon his arrest, one handphone and two ATM cards were seized in connection to the case.
Preliminary investigation revealed that the accused had assisted to collect repayment from a debtor. He had also assisted the loanshark syndicate to collect Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) and used his own ATM card to perform fund transactions related to loansharking businesses.
First time offenders found guilty of assisting in the carrying on of the business of an unlicensed moneylender may be fined not less than $30,000 and not more than $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.
[email protected]
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Two loanshark runners arrested
AsiaOne
Friday, May 16, 2014
SINGAPORE - Police have arrested two men, aged 29 and 52, believed to be loanshark runners in two separate cases.
In the first case, acting on information received, police conducted an ambush and arrested a 29-year-old man along Segar Road on May 15 at about 5pm.
Preliminary investigations revealed that the suspect is a debtor-turned-runner who had assisted the loanshark syndicates to acquire Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) from other debtors. Officers also seized 11 ATM cards and one mobile phone from his possession.
In the second case, also acting on information received, the same team of officers arrested a 52-year-old man along Bukit Panjang Ring Road on May 15 around 9pm.
Preliminary investigations revealed that the suspect is a debtor-turned-runner who had assisted the loanshark syndicates to acquire ATM cards and PINs from other debtors and used them to perform ATM fund transactions. Police seized four ATM cards, some ATM transaction receipts, S$290 and one mobile phone in connection to the case.
Both suspects will be charged in Court. 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 up to four years and shall also be liable to be punished with caning of maximum six strokes.
[email protected]
AsiaOne
Friday, May 16, 2014
SINGAPORE - Police have arrested two men, aged 29 and 52, believed to be loanshark runners in two separate cases.
In the first case, acting on information received, police conducted an ambush and arrested a 29-year-old man along Segar Road on May 15 at about 5pm.
Preliminary investigations revealed that the suspect is a debtor-turned-runner who had assisted the loanshark syndicates to acquire Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) from other debtors. Officers also seized 11 ATM cards and one mobile phone from his possession.
In the second case, also acting on information received, the same team of officers arrested a 52-year-old man along Bukit Panjang Ring Road on May 15 around 9pm.
Preliminary investigations revealed that the suspect is a debtor-turned-runner who had assisted the loanshark syndicates to acquire ATM cards and PINs from other debtors and used them to perform ATM fund transactions. Police seized four ATM cards, some ATM transaction receipts, S$290 and one mobile phone in connection to the case.
Both suspects will be charged in Court. 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 up to four years and shall also be liable to be punished with caning of maximum six strokes.
[email protected]
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CCTVs help cops nab more loan shark runners
With round-the-clock monitoring via CCTV cameras, many loan shark runners are afraid to harass people and damage property. The number of such cases fell by almost one-third - or 2,461 - over the past year.
Lim Yan Liang
The Straits Times
Sunday, May 18, 2014
Electronic eyes have helped police nab an increasing number of loan shark runners, and put the squeeze on those involved in illegal moneylending and loan shark harassment.
Unlicensed moneylenders, thieves and molesters made up the bulk of those nabbed through footage from closed-circuit television (CCTV) cameras, said police yesterday.
In total, such technology has helped to solve 60 crimes of all types, and provided leads in another 220 cases since police started using the devices two years ago.
The result: Nearly 2,000 people were arrested for unlicensed moneylending and related harassment activities last year, more than twice the number nabbed in 2009, when such cases were at their peak. In 2009, more than 18,000 cases were reported, compared with about 8,300 cases last year.
With round-the-clock monitoring, many runners have become too afraid to harass people and damage property by splashing paint on doors, for instance. The number of such cases fell by almost one-third - or 2,461 - over the past year.
Home Affairs Minister Teo Chee Hean noted in March that the police cameras were a strong deterrent to unlicensed moneylending operators.
Such cameras currently cover one in five Housing Board blocks and multi-storey carparks, and police plan to have them installed at all 10,000 blocks and multi-storey carparks by 2016.
The technology has complemented tough laws and sustained enforcement, public education and community partnership to drive down the numbers, Second Minister for Home Affairs S. Iswaran said then.
The Moneylenders Act, for one, was beefed up in 2010 so that first-time offenders found guilty of loan shark harassment are given at least three strokes of the cane. Before that, only repeat offenders faced mandatory caning for damage to property and causing hurt.
Police continue to tighten the screws on syndicates, targeting in particular debtors who make up almost half of all those arrested for unlicensed moneylending activities, according to the latest statistics available.
To repay the money they owe to ah longs or loan sharks, these people often let syndicates use their bank accounts for illegal transactions. They also use multiple phone numbers when harassing other debtors, to elude detection.
So police announced in March that those caught assisting unlicensed moneylending syndicates would have their ATM and Internet banking privileges terminated, and be denied such services for at least one year.
And since last month, consumers can own only three prepaid phone SIM cards, a sharp reduction from 10 previously. "We are determined to weed out those involved in such unscrupulous activities, which pose serious threats to our society," said Superintendent of Police Aileen Yap, who heads the Unlicensed Moneylending Strikeforce of the Criminal Investigation Department.
With round-the-clock monitoring via CCTV cameras, many loan shark runners are afraid to harass people and damage property. The number of such cases fell by almost one-third - or 2,461 - over the past year.
Lim Yan Liang
The Straits Times
Sunday, May 18, 2014
Electronic eyes have helped police nab an increasing number of loan shark runners, and put the squeeze on those involved in illegal moneylending and loan shark harassment.
Unlicensed moneylenders, thieves and molesters made up the bulk of those nabbed through footage from closed-circuit television (CCTV) cameras, said police yesterday.
In total, such technology has helped to solve 60 crimes of all types, and provided leads in another 220 cases since police started using the devices two years ago.
The result: Nearly 2,000 people were arrested for unlicensed moneylending and related harassment activities last year, more than twice the number nabbed in 2009, when such cases were at their peak. In 2009, more than 18,000 cases were reported, compared with about 8,300 cases last year.
With round-the-clock monitoring, many runners have become too afraid to harass people and damage property by splashing paint on doors, for instance. The number of such cases fell by almost one-third - or 2,461 - over the past year.
Home Affairs Minister Teo Chee Hean noted in March that the police cameras were a strong deterrent to unlicensed moneylending operators.
Such cameras currently cover one in five Housing Board blocks and multi-storey carparks, and police plan to have them installed at all 10,000 blocks and multi-storey carparks by 2016.
The technology has complemented tough laws and sustained enforcement, public education and community partnership to drive down the numbers, Second Minister for Home Affairs S. Iswaran said then.
The Moneylenders Act, for one, was beefed up in 2010 so that first-time offenders found guilty of loan shark harassment are given at least three strokes of the cane. Before that, only repeat offenders faced mandatory caning for damage to property and causing hurt.
Police continue to tighten the screws on syndicates, targeting in particular debtors who make up almost half of all those arrested for unlicensed moneylending activities, according to the latest statistics available.
To repay the money they owe to ah longs or loan sharks, these people often let syndicates use their bank accounts for illegal transactions. They also use multiple phone numbers when harassing other debtors, to elude detection.
So police announced in March that those caught assisting unlicensed moneylending syndicates would have their ATM and Internet banking privileges terminated, and be denied such services for at least one year.
And since last month, consumers can own only three prepaid phone SIM cards, a sharp reduction from 10 previously. "We are determined to weed out those involved in such unscrupulous activities, which pose serious threats to our society," said Superintendent of Police Aileen Yap, who heads the Unlicensed Moneylending Strikeforce of the Criminal Investigation Department.
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CCTVs help cops nab more loan shark runners
And since last month, consumers can own only three prepaid phone SIM cards, a sharp reduction from 10 previously. "We are determined to weed out those involved in such unscrupulous activities, which pose serious threats to our society," said Superintendent of Police Aileen Yap, who heads the Unlicensed Moneylending Strikeforce of the Criminal Investigation Department.
Life is so gooooooooooooooooooooodd for those who got license hor?????
can anyhow buy to flip bungalows and the pwabye poodles from the SPF all quietly hiding in their ambulances....................
- Joined
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- 837
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- 28
Police islandwide operation nets 127 suspects for loansharking activities
The Straits Times
Saturday, May 24, 2014
The latest blitz was conducted by officers from the Criminal Investigation Department (CID) and all six police land divisions who launched simultaneous raids at multiple locations, netting 89 men and 38 women aged between 18 and 74. Police said 11 of the suspects were believed to have been harassers or runners who facilitated the loansharks' businesses by verifying debtors' particulars, procuring Automated Teller Machine (ATM) cards and carrying out ATM transfers.
Get the full story from The Straits Times.
Here is the statement from the Singapore Police Force:
In an island-wide anti-loansharking operation which took place between 20 and 23 May 2014, Police arrested a total of 127 suspects aged between 18 and 74. The 89 men and 38 women were suspected to be involved in loansharking activities.
During the operation, officers from the Criminal Investigation Department (CID) and all six Police land divisions conducted simultaneous raids at multiple locations in Singapore, resulting in the arrests. Preliminary investigations indicate that 11 suspects were believed to be involved in loansharking activities as harassers, or as runners who facilitated the loansharks in their businesses by verifying debtors' particulars, procuring Automated Teller Machine (ATM) cards and carrying out ATM transfers.
Police also arrested three suspects who were believed to have provided false contact information when obtaining loans from loansharks, resulting in the innocent house owners being harassed. Investigations under the National Registration Act will also be carried out against these suspects for failing to report their change of address. The remaining 113 suspects were believed to have opened bank accounts and given away their ATM cards and Personal Identification Numbers (PINs) to loansharks to facilitate their unlicensed moneylending businesses. Investigations against all the suspects are ongoing.
Under the Moneylenders' Act (Revised Edition 2010), when a bank account or ATM card of any person is used to facilitate moneylending by an unlicensed moneylender, that person is presumed to have assisted in the carrying on the business of unlicensed moneylending.
- First-time offenders found guilty of assisting in the business of unlicensed moneylending may be fined between $30,000 and $300,000, be imprisoned for a term of up to four years and shall also be liable to be punished with caning of up to six strokes.
- 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 of up to 5 years, a fine of between $5,000 and $50,000, and shall also be liable to caning of between 3 and 6 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 of up to 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 fine of up to $5,000, or to imprisonment for a term of up to 5 years, or to both.
Members of public are advised to stay away from loansharks and not to work with or assist loansharks in any way. The public can call the Police at '999' or the X-Ah Long hotline at 1800 924 5664 if they suspect or know of anyone who could be involved in illegal loansharking activities
The Straits Times
Saturday, May 24, 2014
The latest blitz was conducted by officers from the Criminal Investigation Department (CID) and all six police land divisions who launched simultaneous raids at multiple locations, netting 89 men and 38 women aged between 18 and 74. Police said 11 of the suspects were believed to have been harassers or runners who facilitated the loansharks' businesses by verifying debtors' particulars, procuring Automated Teller Machine (ATM) cards and carrying out ATM transfers.
Get the full story from The Straits Times.
Here is the statement from the Singapore Police Force:
In an island-wide anti-loansharking operation which took place between 20 and 23 May 2014, Police arrested a total of 127 suspects aged between 18 and 74. The 89 men and 38 women were suspected to be involved in loansharking activities.
During the operation, officers from the Criminal Investigation Department (CID) and all six Police land divisions conducted simultaneous raids at multiple locations in Singapore, resulting in the arrests. Preliminary investigations indicate that 11 suspects were believed to be involved in loansharking activities as harassers, or as runners who facilitated the loansharks in their businesses by verifying debtors' particulars, procuring Automated Teller Machine (ATM) cards and carrying out ATM transfers.
Police also arrested three suspects who were believed to have provided false contact information when obtaining loans from loansharks, resulting in the innocent house owners being harassed. Investigations under the National Registration Act will also be carried out against these suspects for failing to report their change of address. The remaining 113 suspects were believed to have opened bank accounts and given away their ATM cards and Personal Identification Numbers (PINs) to loansharks to facilitate their unlicensed moneylending businesses. Investigations against all the suspects are ongoing.
Under the Moneylenders' Act (Revised Edition 2010), when a bank account or ATM card of any person is used to facilitate moneylending by an unlicensed moneylender, that person is presumed to have assisted in the carrying on the business of unlicensed moneylending.
- First-time offenders found guilty of assisting in the business of unlicensed moneylending may be fined between $30,000 and $300,000, be imprisoned for a term of up to four years and shall also be liable to be punished with caning of up to six strokes.
- 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 of up to 5 years, a fine of between $5,000 and $50,000, and shall also be liable to caning of between 3 and 6 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 of up to 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 fine of up to $5,000, or to imprisonment for a term of up to 5 years, or to both.
Members of public are advised to stay away from loansharks and not to work with or assist loansharks in any way. The public can call the Police at '999' or the X-Ah Long hotline at 1800 924 5664 if they suspect or know of anyone who could be involved in illegal loansharking activities
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Two youths arrested for loanshark harrassment
AsiaOne
Wednesday, May 28, 2014
SINGAPORE - The police have arrested two male suspects, aged 16 and 18, for their involvement in loanshark harassment.
On May 20, at about 8.50pm, the police were informed that the main door of a residential unit along Pasir Ris Dr 10 was splashed with paint and loanshark graffiti was scribbled on the wall.
Officers from Bedok Police Division conducted follow-up investigations and arrested the two suspects with the aid of police cameras (PolCams).
The 18-year-old suspect was arrested in the vicinity of Sengkang Central on May 27 at about 1.30pm. The 16-year-old suspect was arrested on the same day at about 3pm in the vicinity of Pasir Ris Street 11.
Two mobile phones were seized for police investigations.
First-time offenders of loanshark harassment face a fine between $5,000 and $50,000, a jail term of up to 5 years and up to 6 strokes of the cane.
[email protected]
AsiaOne
Wednesday, May 28, 2014
SINGAPORE - The police have arrested two male suspects, aged 16 and 18, for their involvement in loanshark harassment.
On May 20, at about 8.50pm, the police were informed that the main door of a residential unit along Pasir Ris Dr 10 was splashed with paint and loanshark graffiti was scribbled on the wall.
Officers from Bedok Police Division conducted follow-up investigations and arrested the two suspects with the aid of police cameras (PolCams).
The 18-year-old suspect was arrested in the vicinity of Sengkang Central on May 27 at about 1.30pm. The 16-year-old suspect was arrested on the same day at about 3pm in the vicinity of Pasir Ris Street 11.
Two mobile phones were seized for police investigations.
First-time offenders of loanshark harassment face a fine between $5,000 and $50,000, a jail term of up to 5 years and up to 6 strokes of the cane.
[email protected]
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- Jul 11, 2013
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- 837
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- 28
PAP is HOPELESS! 10,000 or more of Harassment Cases a Year!
One Decade has passed by, still cannot resolved Loanshark problem!
VOTE PAP OUT!
One Decade has passed by, still cannot resolved Loanshark problem!
VOTE PAP OUT!
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- 28
127 loanshark runners nabbed in islandwide blitz
AsiaOne
Saturday, Jun 14, 2014
SINGAPORE - Police have arrested a total of 127 suspects, aged between 16 and 69 years old, in an island-wide anti-loansharking blitz which took place from June 11 to 13, 2014. The 85 men and 42 women were suspected to be involved in loansharking activities.
According to a media statement, preliminary investigations indicated that 19 suspects were believed to be involved in loansharking activities as harassers, or as runners who facilitated the loansharks in their businesses by procuring Automated Teller Machine (ATM) cards, carrying out ATM transfers and advertising loan facilities on behalf of the loansharks.
Police also arrested one suspect who was believed to have provided false contact information when obtaining loans from loansharks, resulting in the innocent house owner being harassed. Investigations under the National Registration Act will also be carried out against the same suspect for failing to report the change of address.
The remaining 107 suspects were believed to have opened bank accounts and given away their ATM cards and Personal Identification Numbers (PINs) to loansharks to facilitate their unlicensed moneylending businesses. Investigations against all the suspects are ongoing.
Under the Moneylenders' Act (Revised Edition 2010), when a bank account or ATM card of any person is used to facilitate moneylending by an unlicensed moneylender, that person is presumed to have assisted in the carrying on the business of unlicensed moneylending.
First-time offenders found guilty of assisting in the business of unlicensed moneylending may be fined between $30,000 and $300,000, be jailed for a term of up to four years and may be caned up to six strokes.
First-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment may face imprisonment for a term of up to five years, a fine of between $5,000 and $50,000, and face caning of between three and 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 of up to 12 months. Under the National Registration Act, any person found guilty of failing to report a change of address may be fined up to $5,000, or jailed up to five years, or both.
Members of public are advised to stay away from loansharks and not to work with or assist loansharks in any way. The public can call the Police at '999' or the X-Ah Long hotline at 1800 924 5664 if they suspect or know of anyone who could be involved in illegal loansharking activities.
Head of the Unlicensed Moneylending Strikeforce of CID, Superintendent of Police Aileen Yap said, "By opening or giving away one's bank account to the unlicensed moneylenders, these like-minded individuals have not only assisted the unlicensed moneylenders in their businesses but also facilitated them to evade Police detection. Police will continue to clamp down hard on all those who are involved in loansharking activities."
[email protected]
AsiaOne
Saturday, Jun 14, 2014
SINGAPORE - Police have arrested a total of 127 suspects, aged between 16 and 69 years old, in an island-wide anti-loansharking blitz which took place from June 11 to 13, 2014. The 85 men and 42 women were suspected to be involved in loansharking activities.
According to a media statement, preliminary investigations indicated that 19 suspects were believed to be involved in loansharking activities as harassers, or as runners who facilitated the loansharks in their businesses by procuring Automated Teller Machine (ATM) cards, carrying out ATM transfers and advertising loan facilities on behalf of the loansharks.
Police also arrested one suspect who was believed to have provided false contact information when obtaining loans from loansharks, resulting in the innocent house owner being harassed. Investigations under the National Registration Act will also be carried out against the same suspect for failing to report the change of address.
The remaining 107 suspects were believed to have opened bank accounts and given away their ATM cards and Personal Identification Numbers (PINs) to loansharks to facilitate their unlicensed moneylending businesses. Investigations against all the suspects are ongoing.
Under the Moneylenders' Act (Revised Edition 2010), when a bank account or ATM card of any person is used to facilitate moneylending by an unlicensed moneylender, that person is presumed to have assisted in the carrying on the business of unlicensed moneylending.
First-time offenders found guilty of assisting in the business of unlicensed moneylending may be fined between $30,000 and $300,000, be jailed for a term of up to four years and may be caned up to six strokes.
First-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment may face imprisonment for a term of up to five years, a fine of between $5,000 and $50,000, and face caning of between three and 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 of up to 12 months. Under the National Registration Act, any person found guilty of failing to report a change of address may be fined up to $5,000, or jailed up to five years, or both.
Members of public are advised to stay away from loansharks and not to work with or assist loansharks in any way. The public can call the Police at '999' or the X-Ah Long hotline at 1800 924 5664 if they suspect or know of anyone who could be involved in illegal loansharking activities.
Head of the Unlicensed Moneylending Strikeforce of CID, Superintendent of Police Aileen Yap said, "By opening or giving away one's bank account to the unlicensed moneylenders, these like-minded individuals have not only assisted the unlicensed moneylenders in their businesses but also facilitated them to evade Police detection. Police will continue to clamp down hard on all those who are involved in loansharking activities."
[email protected]
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- 837
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Police arrest suspected loanshark harasser
AsiaOne
Friday, Jun 13, 2014
Police said that they have arrested a 51-year-old man for suspected involvement in loansharking activities.
The police said that the man was found with a black-ink marker and "a piece of paper containing entries believed to be related to loansharking activities" when they conducted checks in Tiong Bahru Road.
The police said that investigations indicate that the man had committed harasssment by splashing paint and scrawling graffiti.
The man will be charged in court tomorrow.
[email protected]
AsiaOne
Friday, Jun 13, 2014
Police said that they have arrested a 51-year-old man for suspected involvement in loansharking activities.
The police said that the man was found with a black-ink marker and "a piece of paper containing entries believed to be related to loansharking activities" when they conducted checks in Tiong Bahru Road.
The police said that investigations indicate that the man had committed harasssment by splashing paint and scrawling graffiti.
The man will be charged in court tomorrow.
[email protected]
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- Jul 11, 2013
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- 837
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Have you seen this man?
AsiaOne
Monday, Jun 16, 2014
SINGAPORE - Police are looking for the man in the photograph to assist with investigations into a case of loanshark harassment case.
The incident was reported at Block 715 Woodlands Drive 70 on May 8.
The man was seen with short hair and is of plump build. He was last seen wearing a pink long sleeved shirt and black long pants.
Anyone with information is requested to call the Police Hotline at 1800-255 0000.
Information can also be submitted online via the CrimeStopper portal at https://app.spf.gov.sg/CrimeStopper/CrimeStopper.aspx. All information will be kept strictly confidential.
[email protected]
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2 arrested for involvement in loanshark activities
AsiaOne
Tuesday, Jun 17, 2014
SINGAPORE - The police have arrested two persons aged between 24 and 34 for their involvement in loansharking activities in two separate cases.
In the first case, on June 16, at about 4.00pm, officers from the Choa Chu Kang Neighbourhood Police Centre (NPC) arrested a 24-year-old man in the vicinity of Bukit Batok Central.
Preliminary investigations revealed that the suspect was a debtor-turned-runner, who assisted the loanshark syndicate to procure Automated Teller Machine (ATM) cards and Personal Identification Numbers (PIN) from other debtors to facilitate unlicensed money-lending businesses.
An ATM card and a handphone related to the case were seized upon his arrest.
In the second case, on June 16, at about 4.20pm, officers from Bukit Batok NPC spotted a female suspect performing multiple ATM transactions in the vicinity of Bukit Batok Central.
The 34-year-old female suspect was later found to be in possession of nine ATM cards which did not belong to her.
Investigations revealed that the suspect was also a debtor-turned-runner, who assisted the loanshark syndicates to procure ATM cards with PINs, and used them to perform ATM transactions related to unlicensed money-lending businesses. The suspect also used her own bank accounts to facilitate unlicensed business transactions.
Upon her arrest, nine ATM cards, three handphones, a stack of ATM transaction receipts and cash amounting to $580 were seized in connection to the case.
Under the Moneylenders Act 2010 (Revised Edition), first-time offenders found guilty of facilitating the business of an unlicensed moneylender may be fined between $30,000 and $300,000, imprisoned for up to four years, and will also be liable to not more than six strokes of the cane.
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AsiaOne
Tuesday, Jun 17, 2014
SINGAPORE - The police have arrested two persons aged between 24 and 34 for their involvement in loansharking activities in two separate cases.
In the first case, on June 16, at about 4.00pm, officers from the Choa Chu Kang Neighbourhood Police Centre (NPC) arrested a 24-year-old man in the vicinity of Bukit Batok Central.
Preliminary investigations revealed that the suspect was a debtor-turned-runner, who assisted the loanshark syndicate to procure Automated Teller Machine (ATM) cards and Personal Identification Numbers (PIN) from other debtors to facilitate unlicensed money-lending businesses.
An ATM card and a handphone related to the case were seized upon his arrest.
In the second case, on June 16, at about 4.20pm, officers from Bukit Batok NPC spotted a female suspect performing multiple ATM transactions in the vicinity of Bukit Batok Central.
The 34-year-old female suspect was later found to be in possession of nine ATM cards which did not belong to her.
Investigations revealed that the suspect was also a debtor-turned-runner, who assisted the loanshark syndicates to procure ATM cards with PINs, and used them to perform ATM transactions related to unlicensed money-lending businesses. The suspect also used her own bank accounts to facilitate unlicensed business transactions.
Upon her arrest, nine ATM cards, three handphones, a stack of ATM transaction receipts and cash amounting to $580 were seized in connection to the case.
Under the Moneylenders Act 2010 (Revised Edition), first-time offenders found guilty of facilitating the business of an unlicensed moneylender may be fined between $30,000 and $300,000, imprisoned for up to four years, and will also be liable to not more than six strokes of the cane.
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Police arrest 4 for alleged loansharking activities
AsiaOne
Thursday, Jun 19, 2014
Police said that they have arrested four persons, between the ages of 18 and 37, for suspected involvement in loansharking activities in three separate cases.
In one case, a 18-year-old woman was arrested in relation to a reported case of paint splashing in Bukit Batok Street 24 last month. The teenager was arrested on Tuesday in Orchard Boulevard.
Police said that the teenager had assisted loanshark syndicates to carry out harassments at Bukit Batok and Yishun. A mobile phone with debtors' information was seized.
In another case, a 25-year-old woman and 26-year-old man was arrested yesterday. The two are suspected to be debtors who helped a syndicate to carry out Automated Teller Machine transactions.
In a third case, a 37-year-old man was arrested in Choa Chu Kang Street 51 yesterday for using his previous address to get illegal loans. The suspect had apparently not updated his address after he moved out of his former residence. As a reslt, the current occupant of the house was targeted by loansharks.
The police said that the three suspects in the first two cases will be charged tomorrow. The case against the 37-year-old man is ongoing, it said in a statement.
[email protected]
AsiaOne
Thursday, Jun 19, 2014
Police said that they have arrested four persons, between the ages of 18 and 37, for suspected involvement in loansharking activities in three separate cases.
In one case, a 18-year-old woman was arrested in relation to a reported case of paint splashing in Bukit Batok Street 24 last month. The teenager was arrested on Tuesday in Orchard Boulevard.
Police said that the teenager had assisted loanshark syndicates to carry out harassments at Bukit Batok and Yishun. A mobile phone with debtors' information was seized.
In another case, a 25-year-old woman and 26-year-old man was arrested yesterday. The two are suspected to be debtors who helped a syndicate to carry out Automated Teller Machine transactions.
In a third case, a 37-year-old man was arrested in Choa Chu Kang Street 51 yesterday for using his previous address to get illegal loans. The suspect had apparently not updated his address after he moved out of his former residence. As a reslt, the current occupant of the house was targeted by loansharks.
The police said that the three suspects in the first two cases will be charged tomorrow. The case against the 37-year-old man is ongoing, it said in a statement.
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Men, aged 23 and 19, arrested for loanshark activities
Tuesday, June 24, 2014 - 19:00
AsiaOne
SINGAPORE - Police have arrested two men, aged 23 and 19, for their suspected involvement in two separate cases of loansharking activities.
The first case occurred on June 18, when police received a report of paint splashed on the main door of a residence at Block 772 Woodlands Drive 60. The unit's occupant also found his gate locked with a bicycle lock, and loanshark graffiti written on the wall.
Images of the suspect were obtained from Police cameras (PolCams) installed in the vicinity. He was arrested on Tuesday at Syed Alwi Road.
Police believe that the 23-year-old suspect is a debtor-turned-harasser. He had assisted the loanshark syndicates by harassing debtors in Jurong West, Tampines, Woodlands, Hougang, Yishun and Sembawang public housing estates.
Further investigation also revealed that the suspect had opened bank accounts and given away his Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to the loanshark syndicates to facilitate their unlicensed moneylending businesses.
One mobile phone containing information on debtors, two marker pens, four bicycle locks and four cans of paint were seized from him.
The suspect will face court on June 25.
In another case, police arrested a 19-year-old male suspect at Ang Mo Kio Avenue 8 on Tuesday. He is believed to have assisted loansharks in performing fund transfers and collecting ATM Cards from debtors who could not make repayments. A total of four ATM cards and three mobile phones were found on him.
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. They also face up to four years in jail and may be given up to six strokes of the cane.
First time offenders guilty of loanshark harassment can be jailed up to 5 years, and be fined between $5,000 and $50,000. They may also face between three to six strokes of the cane.
Tuesday, June 24, 2014 - 19:00
AsiaOne
SINGAPORE - Police have arrested two men, aged 23 and 19, for their suspected involvement in two separate cases of loansharking activities.
The first case occurred on June 18, when police received a report of paint splashed on the main door of a residence at Block 772 Woodlands Drive 60. The unit's occupant also found his gate locked with a bicycle lock, and loanshark graffiti written on the wall.
Images of the suspect were obtained from Police cameras (PolCams) installed in the vicinity. He was arrested on Tuesday at Syed Alwi Road.
Police believe that the 23-year-old suspect is a debtor-turned-harasser. He had assisted the loanshark syndicates by harassing debtors in Jurong West, Tampines, Woodlands, Hougang, Yishun and Sembawang public housing estates.
Further investigation also revealed that the suspect had opened bank accounts and given away his Automated Teller Machine (ATM) cards and Personal Identification Numbers (PINs) to the loanshark syndicates to facilitate their unlicensed moneylending businesses.
One mobile phone containing information on debtors, two marker pens, four bicycle locks and four cans of paint were seized from him.
The suspect will face court on June 25.
In another case, police arrested a 19-year-old male suspect at Ang Mo Kio Avenue 8 on Tuesday. He is believed to have assisted loansharks in performing fund transfers and collecting ATM Cards from debtors who could not make repayments. A total of four ATM cards and three mobile phones were found on him.
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. They also face up to four years in jail and may be given up to six strokes of the cane.
First time offenders guilty of loanshark harassment can be jailed up to 5 years, and be fined between $5,000 and $50,000. They may also face between three to six strokes of the cane.
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OPEN CASINO...fuck up PAP government...VOTE PAP OUT!
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