Eighty people aged between 14 and 72 are under investigation for their alleged involvement in unlicensed moneylending activities, the police said on Thursday (Feb 5).They were arrested during a five-day operation from Jan 26 to 30, when officers from the Criminal Investigation Department and seven police land divisions carried out raids island-wide.The police said that preliminary investigations found that seven people had allegedly harassed debtors at their homes, while another 32 were believed to be runners who carried out ATM transfers as part of unlicensed moneylending activities.The remaining 41 people allegedly opened bank accounts and provided their ATM cards, personal identification numbers or internet banking tokens to unlicensed moneylenders.Investigations against them are ongoing, said the police.If found guilty, first-time offenders face a jail term of up to four years, fined between $30,000 and $300,000, and up to six strokes of the cane. Read more