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Sinkie Talent Debtor ran China operation for loan shark

thinkorsink

Alfrescian
Loyal
Unable to pay his own debts, he took up offer to set up shop there

By Elena Chong Court Correspondent

A DEBTOR who owed a loan shark around $20,000 ended up working for him as a runner and even set up an illegal moneylending business for him in China, a court heard yesterday.
Ken Lee Jung Huat, 39, flew to Hong Kong to meet "Ah Heng" and, over three weeks, he was taught how to operate such a business before setting up his own operation in 2011.
Lee would call debtors to remind them when repayment was due, offer loans to potential customers, update a customer database and direct runners to collect repayment of loans and deposit money.
Yesterday, he pleaded guilty to 20 of 60 charges under the Moneylenders Act. His lawyer will submit a plea in mitigation on April 17.
 

halsey02

Alfrescian (Inf)
Asset
This guy is a talent.

Who is " Ah Heng" ha ha ha...we complain that FT come here & take our jobs...we now have exported talent, we have LT now becoming a FT...the pop should have employed him & used his talents...can collect outstanding conservancy fees...what a talent!!
 

hokkien

Alfrescian (Inf)
Asset
News reported that he earn $3500 on top of that he took 30%of profit every month....
 
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