Five men and two women, ages 22 to 63, are being investigated by the police for their alleged role in helping an unlawful moneylending organisation.
Officers from the Criminal Investigation Department launched simultaneous raids at various sites around the island on September 15 and 17, 2021. According to preliminary investigations, the illegal moneylending gang is also suspected of committing loan frauds in Singapore.
Cash totalling $82,000, over 100 ATM cards, and many cellphones were confiscated as case evidence during the investigation.
A 45-year-old man will be accused in court of aiding an unauthorized moneylending company under the Moneylenders Act (Revised Edition 2010).
For first-time offenders, the offence entails a sentence of up to four years in jail, a fine of between $30,000 and $300,000, and a maximum of six strokes of the cane.
The case against the remaining six individuals is still being investigated.
Four males, aged 61 to 69, are being investigated by the police for their alleged involvement in illicit horse betting.
Officers from the Ang Mo Kio Police Division conducted an enforcement operation at Ang Mo Kio Avenue 4 on September 18, 2021. A 62-year-old man has been detained on suspicion of being a bookmaker. Three more males, aged 61 to 69, were detained for allegedly placing bets with a bookmaker. More than $3000 in cash, two cellphones, and gambling-related items were seized. The investigation is still underway.
Anyone who wagers with a bookmaker is subject to a fine of not more than $5,000, or to imprisonment for not more than six months, or to both,
Anyone found guilty of bookmaking faces a fine of not less than $20,000 and not more than $200,000, as well as a sentence of imprisonment of not more than five years.
Hi everyone sorry my post will be a bit too long. Admin pls delete if inappropriate. I just would like to share and let out my frustration. On end of may this year, My husband ibanking from POSB account was hacked. he wanted to bought something from 7E that morning but the card was declined.
When he check the ibanking he was shocked because he was only left with a few dollars. It stated there he made transaction using our joint account and made payNow transfer to Coda Payments Pte.Ltd (9 payNOW transfer $75 each, total $657) which he didn’t. We already lodge a police report and called POSB. So fast forward they ask us to wait and around last month Posb called my husband saying Coda Payments will like to settle with us and that we will probably get our money back. They provide us with coda email.
So we emailed coda with the police report and everything then Coda replied to us saying that Coda will only fulfil the transaction after PayNow has completed the authentication process and it’s successfully verified. Then they ask us to contact back Paynow if the transaction is not done by us. We tried reaching back to POSB but still we receive no reply from them until now.
So right now we really didn’t know what else to do in order to get the money back. It was really unfortunate for us because my husband just received his pay that month (he is the sole breadwinner for our family). Luckily we already settled our bills and that money was supposed to be our money to spend for the next month so $657 is not a small amount of money for us. It shook me that your money can just be taken away just like that from your bank account without you authorised it. I truly understand that pay now transfer transactions will only be authorised by us, but we didn’t receive any QR codes or text or any sort of authorisation. Coda payments were also not in the paynow transfer list (if you want to payNow need to save phone number or UEN number right).
Maybe it is just not our luck. Until now i’m sort of traumatised even tho we changed all of our cards and make a new ibanking. I just hope that this thing won’t happen to anyone else.
The culprit behind the clowns standing outside schools has been found, it is a promotor from Speech Academy Asia, a parent claimed that her child was offered $1,000 to follow the man.
So is the mother, daughter or the man lying?
In their Facebook page they said:
“Dear Parents,
With reference to the news spreading online, of a promoter clad in a clown costume spotted outside various primary schools, posted on 20 September 2021, we would like to extend our sincere apologies for the cause of concern over the safety of your children.
We would like to clarify that; although indeed, the promoter is an employee of Speech Academy Asia, our team do not offer any form of monetary rewards for children to follow them. Additionally, our promoters strictly do not take any children out of the vicinity.
We truly understand your concern for the safety of your children; hence we will be putting an immediate stop to our roadshows.
Once again, we truly apologize for any inconveniences caused, and we thank you for your kind understanding.
Your sincerely,
Speech Academy Asia”
Is this netizen lying? Or the clown really did offer money?