According to the media release by the Singapore Police Forces, 6 individuals including 4 men and 2 women are currently under investigation for “Ah Long” related activities. These 6 individuals are aged between 20 to 45.
They have posted fake ads on Carousell, with the title “Stay Home Personnel Checker” with a pay range from $14/hr to $190/day. The truth is that they are trying to recruit runners to execute their dirty jobs for them, such as delivering harassment notes to their debtors.
“The Police would like to remind members of the public to exercise caution when taking up part-time jobs, especially those promising quick and easy money. We will come down hard on loanshark harassment. Those who engage in such activities will be arrested and dealt with severely. Members of the public are also advised not to work with or assist loansharks in any other way. Under the Moneylenders’ Act (Revised Edition 2010), for first-time offenders, the offence of assisting in the business of unlicensed moneylending is punishable with a fine of between $30,000 and $300,000, and imprisonment for a term of up to four years, and caning of up to six strokes.”
Please call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if you suspect or know of anyone who could be involved in illegal loansharking activities.