therat 18 Report post Posted March 17, 2011 http://www.asiaone.com/News/AsiaOne%2BNews...316-268483.html SINGAPORE - POLICE have arrested 25 persons for providing false contact information to obtain loans from loansharks. The suspects, involving 18 men and 7 women aged between 24 and 60, are believed to be debtors and guarantors who had taken illegal loans using their previous residential addresses even though they were no longer staying there. This resulted in new occupants being harassed by loansharks. In addition to offences under the Moneylenders Act, the suspects are also being investigated for failing to report the change in their residential addresses under the National Registration Act. Persons who seek loans from loansharks using their old addresses are liable to be prosecuted for Failing to report a change of residence under Section 13(1)(b) of the National Registration Act, which carries a fine not exceeding $5000 or to imprisonment term not exceeding five years or to both. In addition, they are also liable for the offence of providing false contact information under Section 28©(1)(a) of the Moneylenders Act if in connection with a loan, the borrower gives any contact information which he knows or believed to be false to the Unlicensed Moneylender. Any person who is guilty of this offence shall be liable on conviction to imprisonment for a term not exceeding 12 months. Investigations are still ongoing. =============== For those that using old address to borrow $$ from ah long and think they will get away. Think twice. Share this post Link to post Share on other sites
gimz63251073 0 Report post Posted March 17, 2011 Source: http://www.asiaone.com/News/AsiaOne+News/S...113-191460.html LOAN sharks - and their debtors - should beware: Parliament yesterday toughened and extended the laws that tackle illegal moneylending, and the harassment problems that often arise. For the first time, under the Moneylenders (Amendment) Bill, people who provide false contact information to a loan shark and cause an innocent person to be harassed can be jailed for up to a year. The Immigration & Checkpoints Authority can also now get information about borrowers' addresses from the Housing Board - to help trace those who move house to avoid loan sharks and cause innocent home-owners or subtenants to be harassed. Penalties for harassers have been beefed up. Repeat offenders face mandatory caning - up to 18 strokes - if they hurt anyone and cause damage to property. Previously, caning was not mandatory and they faced only up to 12 strokes. As for first-time offenders, they will now face up to 12 strokes of the cane. Previously, caning was not mandatory and they faced only up to nine strokes. The maximum jail term for harassers has also been increased from six years to nine, and the fine that could be levied can now reach $100,000, from $80,000 before. Penalties for illegal moneylending have also been toughened. The beefed-up measures come as the number of harassment cases has climbed over the years. Last year, 18,645 people reported being harassed, up from 11,879 cases in 2008. This year, cleaning supervisor Y.K. Tan was one innocent victim. The 54-year-old Ang Mo Kio resident returned from his New Year holiday in Malacca to find his front door steps and metal grilles splashed with black paint. His homemaker wife told my paper the trouble started in 1997, after their neighbour borrowed money from loan sharks. Since then, the Tans have seen O$P$ signs sprayed across their staircase landing. Loan-shark runners also glued the Tans' letterbox shut to pressure them to "force" their neighbour to repay his debt. "Our neighbour was the one who borrowed from the loan sharks, yet, we're the ones suffering such inconveniences," said Mrs Tan, saying she hoped the toughened penalties "will make loan sharks think twice before doing anything". Senior Minister of State for Law and Home Affairs Ho Peng Kee said HDB estates, being open and compact, are particularly susceptible to indiscriminate harassment by loan-shark syndicates. Though less than 1 per cent of HDB households suffered such gangsterism in 2008, "every innocent household harassed is one (household) too many", he said. Law enforcers busted 13 syndicates last year, responsible for at least 3,800 harassment cases. In 2008, nine syndicates were busted. 25 people out of 18k people.... similar to probability of striking 4D it seems... haha... Share this post Link to post Share on other sites
Chanel26 1 Report post Posted March 17, 2011 Last year, 18,645 people reported being harassed, up from 11,879 cases in 2008. :X Share this post Link to post Share on other sites
kristernM 0 Report post Posted March 17, 2011 Last year, 18,645 people reported being harassed, up from 11,879 cases in 2008. :X I think 2 cases lived near my block...now think of my future new place also scared! Share this post Link to post Share on other sites
bepgof 20 Report post Posted March 17, 2011 (edited) Finally the authories do something to this - may be they read this forum & buy the ideas from forumers. Edited March 17, 2011 by bepgof Share this post Link to post Share on other sites
jeffcraze 0 Report post Posted March 18, 2011 How nice to see that finaly something is getting done in name of the National Registration Act! Even though the number is a drop in a huge sea.. Share this post Link to post Share on other sites
Plastic3 0 Report post Posted March 19, 2011 I feel it should work with HDB to enforce that sellers have their addresses changed before the transaction can be completed (on completion day) Now...sellers are only informed to change within 28days, but whether they change or not...no one knows... Share this post Link to post Share on other sites
therat 18 Report post Posted March 31, 2011 http://zaobao.com.sg/sp/sp110331_028.shtml 用旧住址向阿窿借钱 54岁男子被捕 （2011-03-31） 早报导读 男子涉嫌利用自己的旧住址向大耳窿借钱，连累旧址的新住户无辜遭受大耳窿上门骚扰。 宏茂桥警署警员在3月22日下午4时在义顺81街一带逮捕了这名54岁的男子。初步调查显示他向大耳窿借钱时，给大耳窿的联络资料是假的，即填下他的旧住址。 警方不仅正在调查他是否触犯了放贷人法令，也将调查他是否触犯国民登记法令。 根据2010年修正的放贷人法令，任何人以虚假的联络资料向大耳窿借钱，一旦罪名成立，可被判坐牢不超过12个月。而根据国民登记法令，任何人搬家后没有在指定期限内呈报更新住址，罪成后可被判罚款不超过5000元，或坐牢不超过5年，或两者兼施。 宏茂桥警署署长许心昀警告那些不更新身份证地址，利用旧址去向大耳窿借钱的人，一旦被捕，将会被控上法庭。 Share this post Link to post Share on other sites
jeffcraze 0 Report post Posted April 1, 2011 So glad to see this news! The police are finally making arrests, if not those idiots think they can use their old address to do illegal stuffs! http://zaobao.com.sg/sp/sp110331_028.shtml 用旧住址向阿窿借钱 54岁男子被捕 （2011-03-31） 早报导读 男子涉嫌利用自己的旧住址向大耳窿借钱，连累旧址的新住户无辜遭受大耳窿上门骚扰。 宏茂桥警署警员在3月22日下午4时在义顺81街一带逮捕了这名54岁的男子。初步调查显示他向大耳窿借钱时，给大耳窿的联络资料是假的，即填下他的旧住址。 警方不仅正在调查他是否触犯了放贷人法令，也将调查他是否触犯国民登记法令。 根据2010年修正的放贷人法令，任何人以虚假的联络资料向大耳窿借钱，一旦罪名成立，可被判坐牢不超过12个月。而根据国民登记法令，任何人搬家后没有在指定期限内呈报更新住址，罪成后可被判罚款不超过5000元，或坐牢不超过5年，或两者兼施。 宏茂桥警署署长许心昀警告那些不更新身份证地址，利用旧址去向大耳窿借钱的人，一旦被捕，将会被控上法庭。 Share this post Link to post Share on other sites
