SINGAPORE, June 6 — In debt from his gambling, Alvin Phua Khian Tat accepted fast loans from an unlicensed moneylender but couldn’t keep up with the repayments. Facing threats from the loan shark, he agreed to provide access to his bank accounts in return for a reduction in interest.Today, the 25-year-old, who was a food delivery rider at the time, pleaded guilty to one charge of cheating and another charge of breaching the Computer Misuse Act by providing access to his personal bank account.
In addition to the OCBC bank account, Phua also gave Darren access to his personal Standard Chartered bank account. After providing the details of the two accounts, Phua stopped receiving threats from Darren in relation to his loans.
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