Search the Community
Showing results for tags 'loanshark'.
-
This guy really gangster sia. 48 charges including: - Wrecking people's stall - Hit pregnant woman - Cut people's electricity - Throw people's handphone - Slap another woman - Hit NEA officer https://sg.yahoo.com/news/debt-collector-jailed-wrecking-food-stall-funan-mall-string-offences-170402588.html Only four years in jail.
- 45 replies
-
- 3
-
- loanshark
- debt collector
- (and 4 more)
-
hi, sad news to share and ask for advice. I bought a HDB and was going for renovation. door was splashed with paint but no numbers to call back. guess this is the new a long tactic.. I have reported police and going to MP tonight. what else?
-
Wow... nowadays, loansharks sibei hiong...can challenge victims to report to police. Actually, I don't get what these loansharks get out of harrasing the wrong people. Example (in below case), if its a new homeowner where the previous owner was the borrower... how does damaging the new owner's property help the loanshark get his money back?? http://news.asiaone.com/news/singapore/loan-sharks-flaunt-destructive-artwork-threaten-homeowner Loan sharks flaunt destructive 'artwork' to threaten homeowner Saturday, Oct 26, 2013 SINGAPORE - A Stomp contributor Anonymous received a threatening letter from a loan shark after moving into a new resale flat. Anonymous wrote: "I am the new owner of a resale flat and have been receiving threats and many occasions of paint splash on my door. "Today I received a professionally-printed letter with previous cases of the loan shark's 'artworks' as a warning that it will happen to Ang Mo Kio estate if the previous owner didn't pay up. "It even challenged us to report it to the police. "It looks like the recent crackdown on loan sharks were not effective enough and these people are bold enough to display their 'works' and challenge the Police!"
- 108 replies
-
- Loanshark
- Challenges
-
(and 2 more)
Tagged with:
-
Looks like loan sharks are getting smarter. now everyone will want to take a loan! i'm sure most guys wont mine to be harassed by her @jamesc i think you should look into this! http://mothership.sg/2015/01/this-suspected-female-loanshark-runner-in-spore-can-pour-paint-on-my-front-gate-any-day/ (picture is from Straits times facebook)
- 79 replies
-
- 1
-
- loan shark
- chiobu
-
(and 2 more)
Tagged with:
-
http://www.asiaone.com/News/AsiaOne%2BNews...310-267457.html 68-year-old retiree was jailed two years for illegally issuing loans and making $12,000 in profits. - AsiaOne Thu, Mar 10, 2011 AsiaOne SINGAPORE - A 68-year-old retiree who was sentenced to jail yesterday and fined $150,000 for running a loan shark racket was identified by Shin Min Daily News as the father of Singapore's retired swim queen, Joscelin Yeo, who is also currently a Nominated Member of Parliament (NMP). The Straits Times reported yesterday that Lawrence Yeo was arrested in January and pleaded guilty to five of seven charges of illegal money lending. He had forked out $80,000 to set up his illegal money-lending operation with one maid, 27-year-old Honey Irene Busto Pande. He and Pande charged 15 per cent on the loans, and illegally lent money to 300 people - all of them maids - between June 2010 and January 2011, with sums between $100 and $700. He lent out an estimated $10,000 and made $12,000 in profit from the loans they gave out - which he split equally with Pande, according to Deputy Public Prosecutor Qiu Huixiang. He later roped in three more maids, who were also his debtors, to be his runners. The three, Amparo Cacayuran Gayo, 36, Monalisa Carlos Siriban, 30 and Ma Consuelo Gonzales Deinla, 44, lent out money at an interest rate of 20 per cent, and made 5 per cent from the loans they issued. Shock over news that loan shark is NMP's dad Click on thumbnail to view (Photos: ST) Pande was sentenced to 18 months' jail and a fine of $150,000. The other three maids were sentenced to three to six months' imprisonment and given fines of up to $60,000 as they had played lesser parts in the operation. A reporter from the Chinese evening daily visited the family's home in Bukit Batok. A domestic helper there confirmed that the house belonged to Yeo. But she stopped answering questions after further enquiries on whether she knew Joscelin Yeo. Neighbours said that the family moved into the house about four to five years ago, but only Yeo, one of his sons and the maid remained in the house, after Joscelin got married last year, and his wife passed away in 2009. The family does not interact often with the neighbours. RELATED STORIES * Man operated loanshark racket with four maids * Singapore's retired swim queen to walk down the aisle Joscelin has two other brothers, older brother, Leonard, and younger brother, Gerard, who were also former national swimmers. The Chinese daily did not manage to contact Joscelin Yeo for comments. In 2001, Yeo also had a brush with the law. On Nov 19, 1999, he molested his former Indonesian maid at his home in Namly Drive when she was in the kitchen pouring him a glass of water. He was jailed for 10 months, but escaped caning because of his age.
-
Feb 14, 2011 Army captain pleads guilty to being a loanshark runner By Khushwant Singh A CAPTAIN with the Singapore Armed Forces, who moonlighted as a runner for an illegal moneylender, was caught by a debtor whose house he vandalised last October. Kheng Kok Keong, 34, pleaded guilty in a district court on Monday to four charges of harassment. Seventeen other charges will be taken into consideration by the judge when passing sentence on Thursday. A district court heard that from June last year, he had scribbled 'O$P$' - shorthand for 'Owe money, pay money' - on walls, splashed paint on flats or used super glue to seal up keyholes to prevent the occupants from unlocking doors or gates, 21 times. Investigations revealed that Kheng had an outstanding loan with an illegal moneylender known only as Ah Seng, and agreed to harass other debtors in return of $2,000 to be deducted from his debt every month. His lawyer G. Dinagaran said that his client had racked up losses after visiting the Resorts World casino and was forced to borrow from a loanshark. It was the incessant harassment by Ah Seng's runners that forced Kheng to agree to be a runner too, the lawyer explained. Kheng, who was last serving as a logistics officer and drawing a monthly salary of $5,000, will also lose his career of 14 years with this conviction, Mr Dinagaran added. How can 1 be forced to borrow fm loan sharks? Kuku lawyer, like that oso dare to plead wif judge. Runners are paid $2k per month. Not bad leh, just to scribble some words and do painting.