Identifying Illegal Moneylenders and Legal Moneylenders

The world today is full of hungry people looking forward to making a kill, whether straightforward or weirdly. Unfortunately, Singapore being one of the renowned business hubs globally is not an exception to this. While businesspeople, families rely on getting an extension of credit from the moneylenders here, not all of them are honest. During [...]

By |2021-06-01T03:37:45+00:00June 1st, 2021|Financial|0 Comments

Loan Scam In Singapore

Between January and November 2019, at least 1700 cases have been reported, with at least $6.8 million cheated. Victims would typically receive a SMS text message or WhatsApp message offering loan services. The sender may even claim to be a staff from a licensed moneylender. Interested parties are then instructed to transfer a sum of [...]

By |2020-12-31T03:42:50+00:00December 31st, 2020|Uncategorized|0 Comments