Thank you for replying. Shows what you know.
Dunno dun act smart aleck.
Singpass is to verify address and other personal details like place of employment, ownership of car, hdb flat etc in case Ah longs need to go after debtors.
It's the new hi tech modus operandi for Ah longs both leegal and illegal....indirectly helped no less by pap govt.....
Do you even know how Ah long syndicates operate?
The phone numbers are all satellite lines aka 'tai kong' SIM cards as with the bank accounts used in transactions.
Read the news article again....
The numbers are overseas thus untraceable and the returning calls are with lines that are constantly change....to add another layer.
Leegal loansharks are all former ILLEEGAL
All if not most did not give up their illeegal operations as it's highly lucrative. That's why vile pappies failed and did not expect this development.
Poodles might not be totally helpless but they are letting loansharks run wild.....
The real reason is the big fish are establishment guys and another is they dun bother or waste resources as it's not an elite problem.
Get it?
You are so naive to think there's no more ILLEEGAL loansharks.
I see pap brainwashed you well.
Your reply shows clearly what you know......which is zilt!
Ok, gong cheebye, let me explain to you in simple terms. Why you say the posters are illegal? What makes you come to the conclusion they are illegal money lenders? You're obviously hallucinating. I've neber come across anyone using singpass to find the place of employment or verify address. There're so many people without singpass in Singapore. As long as you have neber login to your singpass for some time, it is automatically cancelled and you've to apply for a reset. And those who need money urgently obviously is not able to provide equity or assets, as they can't loan from the normal channels. Those licensed money lenders are the ones who will need your singpass, because they want guarantee and collateral. Illegal money lenders just need your home address, because every loan is a risk to them and the only reason they dare to loan is because they know they can harrass and threaten to get their money back. Use your brain and the phone numbers are local phone numbers. No one can apply for sim cards without furnishing their identity card, so it is traceable. What fuck tai kong shit you're saying??
If you like to hallucinate so much, I suggest you go take your medicine or go see a shrink, instead of talking rubbish here....
ok, gongcheebye?