16-year-old among 93 investigated by police for involvement in unlicensed moneylending
newsare.net
Ninety-three persons, including a 16-year-old male teenager, are being investigated by the police for their suspected involvement in unlicensed moneylending activities.Their alleged involvement was uncovered during a five-day unlicensed moneylending suppressi16-year-old among 93 investigated by police for involvement in unlicensed moneylending
Ninety-three persons, including a 16-year-old male teenager, are being investigated by the police for their suspected involvement in unlicensed moneylending activities.Their alleged involvement was uncovered during a five-day unlicensed moneylending suppression operation from Aug 25 to 29, the police said on Wednesday (Sept 3).In response to AsiaOne's queries, police said that the 16-year-old is among 42 others believed to have opened bank accounts and provided their Automated Teller Machine (ATM) cards, personal identification numbers (PIN), internet banking tokens to unlicensed moneylenders to facilitate unlicensed moneylending activities.Thirty-eight others are believed to be runners who had assisted in unlicensed moneylending activities by carrying out ATM transfer, with another 11 alleged to have harassed debtors at their residence.The last person is alleged to have provided false contact information to the unlicensed moneylender. Read more