Duo charged over illegal loans to maids

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SINGAPORE - Two people were taken to court on Tuesday (May 14) over their alleged links to an unlicensed moneylending business that offered loans to maids.. Read more at straitstimes.com.

SINGAPORE - Two people were taken to court on Tuesday over their alleged links to an unlicensed moneylending business that offered loans to maids.

As for Eustaquio, she is accused of helping Tan to carry out the moneylending business. She allegedly issued a $500 loan to another woman sometime late last year. After establishing their identities, officers from the Criminal Investigation Department, as well as Woodlands and Tanglin police divisions, conducted an operation on Sunday, which led to the pair's arrest in Orchard Road."The police have observed that more foreign workers, including foreign domestic workers, are increasingly borrowing money from unlicensed moneylenders.

The men in blue have since engaged other organisations - such as the Ministry of Manpower, the Centre for Domestic Employees and the Foreign Domestic Worker Association for Social Support and Training - to educate foreign workers against taking loans from unlicensed moneylenders.

 

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