2023-04-29 06:53:07
A major crackdown has just taken place, with the police arresting 17 men and one woman aged between 34 and 61 for their alleged involvement in loansharking activities. This island-wide operation, which took place on 26 and 27 April 2023, was a highly coordinated effort involving simultaneous raids at multiple locations.
The sheer scale of the operation is staggering. The police managed to seize over $146,000 in cash, along with a host of other incriminating items, including mobile phones, SIM cards, ATM cards, and even a personal computer. In addition, they froze a whopping 23 bank accounts that were believed to have been used by the syndicate members.
The evidence gathered during the operation points to a highly organized and sophisticated loansharking syndicate, with the 18 arrested individuals allegedly involved in a range of criminal activities. These activities include carrying out ATM transfers, collecting and distributing cash, and even illegally remitting criminal proceeds overseas.
The police are taking a stern stance against those involved in illegal activities such as unlicensed moneylending, and they will continue to take tough enforcement action against anyone involved in this business, regardless of their roles. They are determined to ensure that those who aid and abet unlicensed moneylenders will also face the full weight of the law. Make no mistake, this is a warning to all those who think they can get away with breaking the law - the police are watching, and they will not hesitate to act.
...@sgSecret
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