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Unlicensed moneylending (UML) is when an unlicensed individual, often called an ‘Ah Long’ or loanshark, lends money to another individual. UML is dangerous due to the unregulated harassment methods these loansharks often use to chase debts. Their methods often harm and pollute neighbourhood communities and loansharks may even resort to violence to get what they want.

Stay away from loansharks and not work with or assist them in any way.

Probable hardcore gamblers – or probable pathological gamblers, those with the most severe form of the addiction – made up 0.1 per cent of the 3,000 Singapore residents aged 18 and above polled in. Learning about the loss of savings, property, or belongings due to a gambling problem can tear families apart. The financial stress can also make it difficult for families to provide basic needs for themselves. Getting Gambling Addiction Treatment. When it comes to treatment for gambling addiction Singapore has some options. The survey also found that the overall probable pathological and problem gambling (PPG) rates among Singapore residents remain stable at less than 1 per cent. Specifically, the probable pathological gambling rate for 2017 is 0.1 per cent, compared to 0.2 per cent in 2014.

Get help before it’s too late:

  • Among the observations made in the report by CRA chairman Tan Tee How was that the April 2019 increases in the daily and annual entry levies for local residents wishing to gamble at either of the.
  • The New Player Welcome Problem Gambling Rates Singapore Bonus is only available to players who create an account and make their first deposit at Genesis Casino. To be eligible to claim the New Player Welcome Problem Gambling Rates Singapore Bonus, players must deposit a minimum of Problem Gambling Rates Singapore £10 in one instance.
  • Credit Counselling Singapore: 6225-5227 (www.ccs.org.sg)
  • National Council on Problem Gambling: 1800-6-668-668 (www.ncpg.org.sg)
  • ComCare: 1800-222-0000 (www.msf.gov.sg/comcare)

Crime Prevention Tips for UML

UML is a threat to the community and the Police is clamping down to eliminate this problem. However, community involvement is an important part of the strategy against UML. Here are some measures you can adopt to help reduce the problem.

Good neighbourliness goes a long way – report all loansharking activities and suspicious individuals in your neighbourhood. Detailed descriptions will help us solve the case much faster. The public can call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if they suspect or know of anyone who could be involved in loansharking activities.

Join the Citizens on Patrol – these are neighbourhood community groups that help patrol and watch out for each other.

For Employers of Foreign Domestic Workers (FDWs)

You can protect your FDW from falling prey to unscrupulous loansharks or UMLs by doing the following:

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  • Instruct your FDW to stay away from loansharks and not to assist them in any manner.
  • Warn your FDW of the severe consequences if they are caught assisting the loansharks in illegal activities. Their work passes will also be revoked.
  • Members of the public may also call the National Crime Prevention Council’s X-Ah Long hotline at 1800-924-5664 if you suspect your FDW to be involved in any UML activities.

Crime Prevention Tips for Loan Scam

The Police would also like to caution the public against loan scams, which have possible links to UML.

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Members of the public should take note of the following:

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  • A licensed moneylender is not allowed to make any cold calls or send any unsolicited text messages to members of the public.
  • The licensed moneylender is obliged under law to verify the identity and particulars of the borrower at its approved place of business. The licensed moneylender cannot approve or grant a loan to a borrower remotely. The address of each licensed moneylending office is published on the list of licensed moneylenders on the Ministry of Law’s Registry of Moneylenders website at https://rom.mlaw.gov.sg/information-for-borrowers/list-of-licensed-moneylenders-in-singapore/.
  • A licensed moneylender will not ask a loan applicant to make any payment before the disbursement of the loan, or to make any payment to secure the disbursement of the loan. This includes GST, “admin fee”, “processing fee”, or any other fees. An administrative fee may be charged by the licensed moneylender after the loan has been granted, but this will usually be deducted from the loan principal that is disbursed to the borrower.

Members of the public are advised to take the following precautions with regard to such scams:

  • Ignore such advertisements. Do not reply to these messages. Instead, block or report the number as spam on WhatsApp or through third party applications.
  • Do not give out your personal information such as NRIC, SingPass or bank account details to anyone.

If you wish to provide any information related to such scams, please call the Police hotline at 1800-255-0000, or submit it online at www.police.gov.sg/iwitness. If you receive a cold call or unsolicited text message asking if you would like to take up a loan, call the anti-scam helpline at 1800-722-6688 to verify. Visit www.scamalert.sg to find out more about loan scams.

When thinking about poverty, Singapore is usually not the first country that comes to mind. However, the country faces many issues that continue to make poverty an increasing problem in the country.

10 Facts About Poverty in Singapore

  1. Poverty in Singapore suffers from a lack of visibility
    Singapore is one of the wealthiest and most well-developed countries in the world, and this is often the side that is seen and thought of. This makes Singapore’s poverty difficult to see for anyone not living in the country.
  2. Singapore has a large inequality gap
    Singapore has the most millionaires in the world, but also has one of the largest inequality gaps in advanced Asian countries, placing second on the list.
  3. 10 to 14 percent of Singaporeans face severe poverty
    Ten to 14 percent of Singaporeans struggle with severe financial issues. These Singaporeans have difficulty affording their basic needs, with hunger being one of the largest factors.
  4. Poverty is an increasing problem in Singapore
    Poverty in Singapore is growing worse with each year. From 2012 to 2015, impoverished families relying on government assistance increased by approximately 43 percent.
  5. Poverty is an issue for the elderly
    Elderly Singaporeans are the group most affected by poverty. In the same timeframe of 2012 to 2015, the number of impoverished people over 60 years of age relying on government assistance increased by approximately 74 percent. This is mainly attributed to government restrictions on withdrawing retirement funds.
  6. Poverty is also an issue for the young
    Singaporeans between the ages of 15 and 34 years of age are the second most affected group. This is mainly caused by low-paying entry-level jobs and a lack of minimum wage laws. In addition, many young Singaporeans struggle to find a job at all, with approximately 5 percent being unemployed.
  7. Many people are trapped in poverty
    Singaporeans born into poverty, especially those from more recent generations, are more likely to stay in poverty even as adults. Those born into more financially well-off families tend to have more success.
  8. Government assistance is not enough
    The government provides financial aid to any family making less than $1,900 a month. The government also provides aid in other forms such as making education more affordable, tax exemptions for impoverished families and more affordable housing. Yet, impoverished families continue to struggle, and assistance does not seem to be alleviating the growing issue of poverty in the country.
  9. As poverty grows, so does the popularity of the ruling party
    Although the issue of poverty in Singapore is worsening at a steady rate, the ruling party in the country is growing in popularity and continuing to win general elections. Many believe that the current party is not doing enough to address the issue.
  10. Singapore receives little foreign aid
    Foreign aid for Singapore has dropped significantly since the mid-1990s, and it receives only miniscule amounts from countries like the U.S. compared to what others are receiving. Even then, the majority of foreign aid that goes to Singapore does not focus directly on poverty issues, and instead on the country’s trade and economy. This lack of aid may be partially due to how hidden much of the poverty in Singapore seems to be.

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Although a growing problem, poverty in Singapore remains in the background of the country’s financial successes and development. Because the issue often goes unnoticed by other countries, little aid is being provided, allowing poverty to grow and spread, affecting a variety of Singaporeans in many ways.

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– Keegan Struble

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