Prison for illegal pawnshop who offered loans to housekeepers at 5 times the legal interest rate, Courts & Crime News & Top Stories
2020-11-25
SINGAPORE – An illegal money lender has granted a total of $ 8,400 in loans to at least 19 Filipino domestic workers and charged an interest rate of 20% per month, five times the maximum legal rate. Deputy Prosecutor Pavithra Ramkumar said the interest rate was sky-high, with the maximumRead More →