SINGAPORE, July 9 -- Singapore police are investigating 69 individuals, including a 15 year old, for suspected involvement in unlicensed moneylending following islandwide raids earlier this month.

The suspects, aged between 15 and 76, were picked up during a seven day operation from July 1 to 7 conducted by officers from the Criminal Investigation Department and the seven police land divisions.

Preliminary findings showed nine individuals had harassed debtors at their homes, while 15 acted as runners by carrying out ATM transfers. Another 36 are believed to have opened bank accounts and handed over ATM cards, PINs or internet banking tokens to facilitate illegal lending.

Acting on information from Malaysian counterparts, police are als...