Ah Long San, perhaps the most notorious shark shark in Singapore who had once cultivated a network of police officers to help in his multi-million dollar illegal lender syndicate, died yesterday morning.
The Straits Times understands that Mr. Chua Tiong Tiong, 62, had a suspicious heart attack when he was alone in his car.
The park was parked at the side of the road in Geylang, where he had operated his loan-back business in the 1990s. At 9.00 am he was brought out of consciousness in Tan Tock Seng hospital.
When contact was made, the police said that a man who was found motionless at the junction of Lorong 31 Geylang and Sims Avenue was shortly thereafter pronounced dead in the hospital.
The case is classified as unnatural death and police investigations are under way.
In the wake, the family refused to comment when he was approached by ST last night.
According to a report from The New Paper in 2001, Chua had six children.
A review of the accounting and company regulations showed that Mr. Chua had owned a karaoke lounge since October 2012.
Known by his nickname, what & # 39; Mr Loan Shark & # 39; means, Ah Long San ran a syndicate of several million that spread far and wide, and included his own brother Chua Tiong Chye, about 40 runners and more than 1,000 borrowers.
The syndicate raked in around $ 500,000 a month, and was thought to be one of the largest operations at the time.
Ah Long San managed more than a decade to escape arrest and investigation via the network of officers in the police whom he depended on for information and tips.
He had reportedly bred police officers for years, praised them in night clubs, paid for their holidays, and even sponsored the studies of an officer abroad, in exchange for a warning when the police carried out raids.
Ah Long San also owned a number of legitimate companies, such as karaoke cafes.
A probe in the loan shark began in 1995 and he was sentenced to 18 months in prison in 1999 for bribing a police officer.
However, he went on the run while he was released on bail of $ 550,000 while awaiting his appeal and failed to appear in court.
He surrendered to the authorities in 2001 and was sentenced to 10 years in prison for bribing police officers with cash and entertainment in a nightclub between October 1997 and December 1998.
Ten policemen, including an assistant superintendent and three inspectors, were also jailed as a result of the corruption scandal.