15 Jul '11, 12am

Loan sharks are now lurking in some schools in Singapore, launching recruitment efforts that target students

Loan sharks are now lurking in some schools in Singapore, launching recruitment efforts that target students

A girl leaving the police station after being bailed out. She was among 85 students arrested last week. -- TNP FILE PHOTO LOAN sharks are now lurking in some schools here, launching coordinated recruitment efforts that have seen some 100 students approached since last month. Last week, the police, in a two-day islandwide operation, arrested 85 students and four adults for distributing name cards and pamphlets advertising illegal moneylending services. The Straits Times understands they had come from some 40 schools, some 30 of them secondary schools. The rest came from the Institute of Technical Education, polytechnics and private institutions,while some were even recruited from primary schools. Among the students arrested, 60 were under the age of 16. The group included two 12-year-old primary school pupils. On Thursday, a police spokesman said: 'This case highlights a wo...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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