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MAN ARRESTED AFTER OPERATING MONEY LENDING BUSINESS WITHOUT LICENSE

According to the police a man has been arrested after suspected of operating a money lending business without a legal license. Or many people would like to refer to as “Ah Long”.

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On the 8 of Oct 2019, the police received a report of a man operating his money lending ‘services’ at Bedok North Street 1.

The police is still investigating the man, if he is convicted of operating an money lending business without a license, he will be fine a minimum of $30,000 and jail time of up to 4 years.

The police was able to ID the man and he was arrested 2 days later at Bedok North Street 1. $842 cash was found on him along with envelopes and 6 notebooks.

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