C
Cao Pi
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Sep 15, 2010
2 loanshark suspects caught
By Vanessa Jalleh
POLICE arrested two suspects on Tuesday for separate cases of loansharking activities. A 36-year-old suspect was arrested along Bendemeer Road. He is believed to be a debtor-turned-runner who assisted a loanshark in opening bank accounts and carrying out ATM transfers. Several moneylending related items were retrieved from the suspect, such as mobile phones, ATM cards, bank account books, a record book and cash of more than $5,000. The second arrest was carried out at Ang Mo Kio on Tuesday, following an investigation into a loanshark harrassment case. The 22-year-old suspect is believed to be a debtor-turned-runner who assisted loansharks in opening bank accounts and carrying out fund transfers.
