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Debt Collectors Who Messed Up Funan Stall Arrested For Unlawful Assembly

CoffeeAhSoh

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Debt Collectors Who Messed Up Funan Stall Arrested For Unlawful Assembly






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Friday, February 13, 2015 - 21:05
AsiaOne

SINGAPORE - Police have arrested the debt collectors who caused a ruckus at the Food Junction foodcourt at Funan DigitaLife Mall during lunchtime last month.

According to a statement from the police, seven men aged between 35 and 48 have been nabbed for their involvement in a case of unlawful assembly.

The incident occurred at about 1.20pm on Jan 15. Preliminary investigations by police revealed that the debt collectors were demanding loan repayment from one of the stall owners. It is believed that they had prevented customers from patronising the food stall during that time.

According to the police, the identities of all seven suspects were established after an extensive probe and they were eventually arrested on Feb 12 and 13 at various locations island-wide.

Computers, laptops and company documents were also seized as case exhibits.

All seven suspects will be charged in Court on Feb 14 for an offence of Unlawful Assembly which is punishable with jail term of up to two years or with a fine, or both.

The New Paper reported on Jan 22 that the debt collectors were from Double Ace Associates, and wore dark blue polo shirts with the words "Debt Recovery Unit" on the back.

The 53-year-old stall owner, who gave his name only as Mr Zhang, told Lianhe Wanbao that he owed a supplier $21,000, but never expected the supplier to hire a debt collector to chase the debt.

The floor of his Chinese soup stall was littered with empty bowls, styrofoam boxes, a rice cooker and a cash register after they were done. A plastic spoon and a plastic container with condiments were also reportedly thrown into a pot of soup.

The debt collectors also returned the next day with a large banner that read "Attention. Debt collection in progress".

However when interviewed by The New Paper, Mr Frankie Tan, the owner of Double Ace Associates, claimed the mess in the stall was not created by his employees.


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CoffeeAhSoh

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Frankie Tan will just Do a Jover Chew .

Closed Up Double Ace Associates .

Ask his wife or girlfriends to front a new Debt Collection Company .

Maybe can call it " Triple Ace Associates "
:confused::confused::confused:
 

virus

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Frankie Tan will just Do a Jover Chew .

Closed Up Double Ace Associates .

Ask his wife or girlfriends to front a new Debt Collection Company .

Maybe can call it " Triple Ace Associates "
:confused::confused::confused:

Called full house or royal flush? This type of things would not have happened and only happen when fap are in charge.
 

csi88

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I sincerely hope the prosecutor will ask for a deterent sentences against this group of debt collectors.Their so called act had cause a great disturbance to the public.With photo as proof,this Frankie tan had the cheek to denied his workers had caused the mess.Kudos to the swift investigative work by the investigator.Waiting eagerly for the outcome.
 

CoffeeAhSoh

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http://news.asiaone.com/news/singapore/debt-collectors-mess-funan-food-stall




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Debt collectors mess up Funan food stall



Choo Mei FangThe New PaperSaturday, Jan 24, 2015



SINGAPORE - Six debt collectors caused a ruckus at the Food Junction foodcourt at Funan

DigitaLife Mall during lunchtime last Thursday while demanding payment from a stallholder.

When the debt collectors from Double Ace Associates were done, the floor of the Chinese soup stall was littered with empty bowls, styrofoam boxes, a rice cooker and a cash register.

A plastic spoon and a plastic container with condiments were thrown into a pot of soup.

The men, who were wearing dark blue polo shirts with the words "Debt Recovery Unit" on the back, targeted the stall at 1.20pm, said a witness.

"They walked into the stall and helped themselves to bowls of soup," a patron at the foodcourt, who gave his name only as Mr Cai, told Lianhe Wanbao.

When the 24-year-old salesman tried to buy soup, the men told him that the stall was not operating.

He also saw them push the cash register, rice cooker and bowls onto the floor, and throw things into the pot of soup.


Mr Cai then left the food court, but when he returned at lunchtime the next day, the debt collectors were there again, this time with a banner that read "Attention. Debt Collection in Process."

Police officers and members of the mall management were also present.

Stallholders told The New Paper they noticed a commotion at the stall last Thursday.

One of them, who declined to be named, said: "It was during the busy lunch hour, so we had to attend to customers. The debt collectors were talking in raised voices and gesturing aggressively."

Mr Frankie Tan, the owner of Double Ace Associates, was at the scene on Friday to negotiate with the stall owner.

When interviewed by TNP, Mr Tan claimed the mess in the stall was not created by his employees.

He also maintained that they only added condiments to the soup pot.

SHOUTING


Mr Tan said: "Our main aim was to stop his business from operating, but we did not destroy any property in the stall."

In order to embarrass debtors, debt collectors often use tactics such as shouting or putting up attention-grabbing banners, he said.

He added: "Clients engage us because their debtors are not cooperative, so such confrontations are necessary."

The 53-year-old stall owner, who gave his name only as Mr Zhang, told Lianhe Wanbao that he owed a supplier $21,000, but never expected the supplier to hire a debt collector to chase the debt.

Mr Tan said the case has been settled. TNP was unable to reach Mr Zhang to confirm this.

The police confirmed they received a call requesting for assistance at around 1.20pm last Thursday.

The case has been classified as a case of mischief. Police investigations are ongoing.

No specific law on debt-collector harassment

There is no specific law regulating debt collectors, but their actions are bound by general criminal law, a Registry of Moneylenders spokesman said.

This includes the Protection from Harassment Act that was passed in Parliament in March last year.

Under the Act, any threatening, abusive or insulting words or behaviour is considered harassment.

If found guilty, one can be fined up to $5,000 and jailed up to six months.

The Registry of Moneylenders spokesman said: "Borrowers who feel harassed by licensed

moneylenders or their debt collectors should report the matter to the police or the Registry

of Moneylenders.
 

virus

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If frnkie is related to KFC how? Wil the foreign law Minister be asking ah long Association to find out the majority wishes ofloan sharks?
 

babuSingh

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Still trying to deny when there is already a witness to the shit they caused...really is well taught...i hope he dont reproduce these inferior sinkie gene to the next generation
 

CoffeeAhSoh

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I sincerely hope the prosecutor will ask for a deterent sentences against this group of debt collectors.Their so called act had cause a great disturbance to the public.With photo as proof,this Frankie tan had the cheek to denied his workers had caused the mess.Kudos to the swift investigative work by the investigator.Waiting eagerly for the outcome.



 
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