The Police have arrested eleven men and five women, aged between 24 and 56, for their suspected involvement in a syndicated case of Cheating relating to fraudulent applications of loan.

In early February 2017, Police received a report from a bank informing that they had received loan applications from several individuals who had furnished false information relating to their annual income. Upon disbursement of the loans, these borrowers will default their loan repayment and remain uncontactable. Preliminary investigation revealed that the suspects had used forged employment letters to support their application for personal loans. The amount defrauded amounted to more than $189,000.

Pursuant to the report, officers from Central Division and Commercial Affairs Department conducted extensive ground enquiries and follow-up investigations. In a three-day operation from 22 to 24 February 2017, simultaneous raids were carried out island-wide. These locations include Changi, Simei, Tampines, Sims Avenue, Buangkok Green, Ang Mo Kio, Toa Payoh, Yung Kuang, Telok Ayer, Chin Swee Road, Bukit Merah, and Tuas. A total of 16 suspects were arrested during the operation.

Investigations against the suspects are ongoing. Any person found guilty of Cheating under Section 420 of the Penal Code, Chapter 224, may be punished with imprisonment for a term which may extend up to 10 years, and shall also be liable to a fine.