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Old 29-05-2020, 03:13 PM   #2291
Join Date: Oct 2019
Posts: 164
I reported and stated in my police report 29 days ago, however I can still see them being active on WA, I am afraid to even call my IO who is assigned to my case to inform the change of mobile number as well Do the police really look into all our reported cases for loansharks and etc and do something to the numbers and bank accounts or leave it as it is. Just curious.
Yes. Of course. Read the news every few weeks you will see hundreds were arrested.

Those are who have opened bank accounts and given away their ATM cards and personal identification numbers to loan sharks to facilitate unlicensed moneylending businesses.
Under the Moneylenders Act, when a bank account or ATM card of any person is used to facilitate moneylending by an unlicensed moneylender, that person is presumed to have assisted in unlicensed moneylending.

Those convicted of the above for the first time may be fined between $30,000 and $300,000, jailed for up to four years, and get up to six strokes of the cane.

Last edited by SeeBlueSkyAgain; 29-05-2020 at 03:21 PM..
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