05 Aug '11, 11am
Duo charged with unlicensed moneylending at casino - Straits Times Singapore #TEAMFOLLOWBACK
Two Malaysian women were charged in court on Friday with unlicensed moneylending at Resorts World Sentosa casino. -- ST PHOTO: MUGILAN RAJASEGERAN TWO Malaysian women were charged in court on Friday with unlicensed moneylending at Resorts World Sentosa casino. Lee Chai Thing, 49, allegedly gave loans totalling $12,000 to one Tan Kock Yang, charging him a daily interest rate of 3 per cent, at the casino between Aug 1 and 3. The other woman, Ban Pei Chin, 24, is accused of helping Lee issue three loans of $2,000 to $3,000 to Mr Tan, totalling $8,000. She allegedly helped Lee to issue two loans of $1,000 and $500, charged at 4 per cent interest daily, to a debtor named The Siew Nai last month. Both are out on $60,000 bail. They will be back in court on Aug 19.