How many individuals acted as runners in the loan shark operations?

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Fifteen individuals acted as runners by carrying out ATM transfers.

Singapore police are investigating 69 individuals for suspected involvement in unlicensed moneylending activities. Among these, 15 individuals specifically acted as runners by facilitating these operations through ATM transfers. These investigations are part of a broader seven-day operation conducted across the island from July 1 to 7.
Role of ATM Runners

Fifteen individuals were identified as having acted as runners, a crucial role in the logistics of unlicensed moneylending. Their primary function involved carrying out ATM transfers, which are a common method for moving illicit funds within these operations. This action is considered a direct assistance to unlicensed moneylending activities under Singaporean law.
Broader Scope of Investigation

The total number of individuals under scrutiny is 69, with ages ranging from 15 to 76 years old. The operation involved officers from the Criminal Investigation Department and all seven police land divisions. Preliminary findings revealed that nine individuals had engaged in harassing debtors at their homes.
Cross-Border Syndicate Involvement

In addition to domestic operations, police are also investigating nine other individuals for suspected cross-border moneylending. These individuals, aged between 18 and 67, allegedly provided mobile numbers and bank accounts to unlicensed lenders operating in both Malaysia and Singapore, acting on information received from Malaysian counterparts.

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How many individuals acted as runners in the loan shark operations?

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