SINGAPORE - In the 39-hour operation, a total of 75 men and 35 women were nabbed, including five who are believed to have provided false contact information when obtaining loans from loansharks.
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Here is a full statement from the Singapore Police Force:
110 ARRESTED IN ISLANDWIDE ANTI-LOANSHARKING OPERATION
In an island-wide anti-loansharking operation which took place between 22 October 2013 and 23 October 2013, Police arrested a total of 110 suspects, comprising 75 men and 35 women, aged between 16 and 75 years old for suspected involvement in loansharking activities.
During the 39-hour operation, officers from the Criminal Investigation Department (CID) and the six police land divisions conducted simultaneous raids at multiple locations island-wide, including Tampines, Bedok, Sengkang, Hougang, Ang Mo Kio, Potong Pasir, Telok Blangah, Tanglin, Jurong and Woodlands, resulting in the arrests.
Preliminary investigations indicate that 15 suspects were believed to be involved in loansharking activities as harassers, or as runners who facilitated the loansharks in their businesses by carrying out Automated Teller Machine (ATM) transfers and distributing flyers promoting illegal loan facilities.
Police also arrested 5 suspects who were believed to have provided false contact information when obtaining loans from loansharks and these suspects would be investigated under the National Registration Act for failing to report change of address.
The remaining suspects are under investigation for opening bank accounts and giving away their ATM cards and Personal Identification Numbers (PINs) to loansharks to facilitate their unlicensed moneylending businesses. Investigations against all the suspects are ongoing.