Illegal loans up sharply (Straits Times)
ILLEGAL loans rose almost 60 per cent last year as Singaporeans reeling from the economic crisis turned to loan sharks to tide them over the tough times, a senior police official said on Monday. There were 18,600 cases of illegal loans made by loan sharks last year, a 58 per cent increase from 11,800 cases in 2008, said Ng Boon Gay, director with the Criminal Investigation Department.
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Illegal loans up sharply (Straits Times)
