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Thursday, September 15, 2011

Man jailed and fined S$420,000 for diverting loanshark calls online

Ordinary workers are not the only ones upgrading their skills.

Ang Hang Tiong, 47, have been using "revolutionary technology" to help a loanshark divert calls from borrowers to the Internet so they could talk to unlicensed moneylenders.
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This made it more difficult for the police to trace.

Ang helped a loanshark, known only as Curry, divert calls from his mobile phone lines to a Voice over Internet Protocol number to conduct his illegal business.

For that, he was jailed 21 months and ordered to pay a S$420,000 fine.

The jobless man pleaded guilty to 14 of 28 charges under the Moneylenders Act, and will be jailed another 14 months if he can't pay the fine.

ORIGINAL SOURCE

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