Loan Sharking in Disguise: The Dark Side of Malaysian Delivery Riders in Singapore The recent arrest of 35 individuals, including Malaysian food delivery riders, on suspicion of loan sharking activities in Singapore has highlighted the vulnerabilities of migrant workers and the ease with which organized crime can infiltrate legitimate industries.
These individuals were allegedly recruited through Telegram groups and hired by loan shark syndicates, raising questions about the oversight and regulation of gig economy platforms.
The tactics employed by loan sharks in Singapore are as old as the trade itself, but their adaptability to new technologies is alarming.