Western Food Stall Owner Turns to Gambling to Solve Financial Woes, Ends Up Becoming Loan Shark Runner to Pay off Debts
A western food stall owner whose business was doing poorly decided to try his luck at the casino, but ended up losing more money.
Between October to November of last year, 25-year-old Wong ended up losing more than $18,000 at the casino.
In order to pay off his debts owed to the bank and the casino, Wong ended up borrowing money from loan sharks. Although Wong’s sister helped paid off $16,000 of his loan shark debt, he continued to borrow from a loan shark due to cash flow problems with his western food stall business.
Eventually, when Wong was unable to pay off his debts, he ended up becoming a runner for the loan shark, helping to chase debtors for money and vandalize their homes. For each “assignment” Wong was paid between $50 to $150.
On 8th Jan this year, Wong was arrested along with the whole illegal money lending syndicate. For his crimes, Wong was sentenced on Thursday (6th Aug) to 24 months prison and 15 strokes of cane.
Always remember, gambling is nothing more than a form of entertainment, and should not be seen as a quick way of getting money.
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