Three more men have been apprehended over suspected involvement in loansharking activities in three separate cases, all caught in the western district of Singapore.
Dec. 22 saw the arrest of two men — one in the vicinity of Bukit Batok Central and the other at Bukit Batok East. Both men had been assisting loanshark syndicates to procure ATM cards from debtors, along with their cards’ personal identification numbers. The 64-year-old man caught at Bukit Batok East is believed to be a debtor-turned runner.
On Dec. 23, Crime Strike Force officers from Jurong West Neighbourhood Police Centre arrested a 57-year-old man in the vicinity of Corporation Road, another debtor-turned-assistor. He is believed to have opened bank accounts and gave away his ATM cards to loansharks to facilitate their criminal enterprise.
First time offenders found guilty of assisting the business of unlicensed moneylenders may be fined up to $300,000, imprisoned up to four years and face caning.
Photo: Keith Allison via Flickr
