Singapore police investigate 98 for illegal moneylending

SINGAPORE, Sept. 5 (Xinhua) — Singaporean police are investigating 98 suspects for unlicensed moneylending cases following an enforcement operation from Aug. 19 to 23, according to the latest statement from the police.
Preliminary investigations showed that nine suspects conducted harassment at debtors’ residences, 43 assisted unlicensed moneylenders by carrying out ATM transfers and the remaining 46 helped illegal moneylenders to open bank accounts.
Investigations against the suspects, aged from 13 to 76, are ongoing. ■