Singapore Police Investigate 95 For Illegal Moneylending
Date
11/24/2024 6:45:18 AM
(MENAFN- IANS) Singapore, Nov 24 (IANS) Singaporean Police are investigating 95 suspects for unlicensed moneylending following an enforcement operation from November 11 to November 15, according to a statement from the police.
Preliminary investigations showed that five suspects conducted harassment at debtors' residences and 40 assisted unlicensed moneylenders by carrying out ATM transfers.
The remaining 50 helped illegal moneylenders open and use their bank accounts, Xinhua news agency reported.
Investigations against the suspects, aged from 14 to 76, are ongoing.
MENAFN24112024000231011071ID1108919871
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.