Poly student owes $15,000 to loansharks

BuiKia

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A 17-year-old poly student is being harassed by loansharks after he accumulated a $15,000 gambling debt.

The teen who stays in the east side got heavily into debt after he learnt to bet on soccer matches.

The unhappy teen had taken to lingering in LAN shops as he was often broke.

There, he learnt to bet and the LAN shop even offered a $2,000 credit line to him for betting.

He quickly lost $1,000 and could not pay up when the shop's "gambling agent" approached him for the money.

The agent introduced him to loansharks to help him clear his debt.

Meanwhile, as the teen borrowed more money, he continued to bet on more matches in hopes of winning back his money.

The teen bet larger and larger sums and ended up owing seven loansharks a total of $15,000.

The loansharks have taken to harassing him at his home and have splashed paint on his door. As a result, his parents' relationship is on the rocks and headed for a divorce.

According to statistics, such cases of teens gambling and owing loansharks money, are surfacing once every three months.
 
News of Malaysian football league is kelong... Gives lots of hope to punters who want to win instant $$$!
 
ORBI QUACK ah!!!!! :mad:

budden the teen and his family can jus report policeee mah? :D
 
As a result, his parents' relationship is on the rocks and headed for a divorce.
that is one kid that cannot blame his parent for family break down.
yes, pap should ban all football telecast in singapore, starting with EPL.
 
This loanshark think they are above the LAW!!!! 17 years old also can grant loan to him.How they expect him to pay??? Haiz everyday newspaper published loanshark runners arrested and yet!!! cant stop all this loanshark harassing neighbours who stay next to the debtors.
 
This loanshark think they are above the LAW!!!! 17 years old also can grant loan to him.How they expect him to pay??? Haiz everyday newspaper published loanshark runners arrested and yet!!! cant stop all this loanshark harassing neighbours who stay next to the debtors.


Loanshark problem around for a long time. Will not be eradicated. Only suppressed. Loansharking, prostitution, drugs and SS activities will remain even when our grandchildren become grandparents.
 
some how i dont believe the story. for a loanshark to target teens, the loanshark must the type " shang zai bor shi fart "
 
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