Shock over news that loan shark is Joscelin Yeo's dad
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Mar 11, 2011 - Straits Times
Lawrence Yeo was jailed for two years and fined $150,000 for running a loan shark racket with four Filipino maids. -- PHOTO: ZAOBAO
REVELATIONS that the father of Nominated MP and former national swimmer Joscelin Yeo had been convicted of loan shark activities have stunned the swimming community.
On Tuesday, Lawrence Yeo was jailed for two years and fined $150,000 after pleading guilty to running an illegal moneylending racket with four Filipino maids.
The 68-year-old began loan-sharking in June last year. Operating out of his flat in Bukit Batok, he used computers and a mobile phone to keep track of his borrowers and loans.
An estimated $10,000 was loaned out to borrowers - all Filipino maids. When told of the news, Singapore Swimming Association secretary-general Oon Jin Gee said he was shocked, describing Yeo as a supportive parent throughout Joscelin's swimming career.
'I always found him to be a fair and down-to-earth person,' said Mr Oon. 'My heart goes out to his family. They have gone through a lot.'
Yeo, a former assistant general manager with Maybank, often attended his daughter's swimming meets with his late wife Tan Lee Choo, who died from a brain tumour in 2009.
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hmmm.. he went into "freelance banking" ?
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wasnt he werking in south korea when joscelyn was a kid?
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no surprises, Jaw's father is a shark.
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wonders if the gal is now fat and frumpy by now:)
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OMG, a loanshark !
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Originally posted by Clivebenss:
no surprises, Jaw's father is a shark.
If the Father is a Shark, the daughter is a swimming champion.
Good genes.
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WHAT I FIND SHOCKING IS JOSELYN YEAO IS NOMINATED MP !
you can expect to see those PRC table-tennis players become MP also in future........................PAP's agenda !
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Originally posted by Asromanista2001:
WHAT I FIND SHOCKING IS JOSELYN YEAO IS NOMINATED MP !
you can expect to see those PRC table-tennis players become MP also in future........................PAP's agenda !
Joscelin Yeo is Singaporean borned in Seoul from Singaporean parents including a shark.
PRC table-tennis player a bit hard to become NMP. They must become citizens, stay in SG for ten years and able to speek Engrish.
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even with wealth, the best lawyer can't help him
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Her father convicted.......but poor daughter....must have suffered by her father crime.
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Originally posted by Hitman 2010:
wonders if the gal is now fat and frumpy by now:)
http://en.wikipedia.org/wiki/Joscelin_Yeo
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Originally posted by Nelstar:
If the Father is a Shark, the daughter is a swimming champion.
Good genes.
run in the family.
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ex agm of maybank....shd be rich what. why need to do this? lol. Don't tell me kena hit by stock mkt or failed business......
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Unfair mention of the daughter.
Why do this.
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they just come from normal family.....
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disgrace to her daughter
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could be facing some financial difficulties, he could have spent already quite alot on her daughter and wife. could be a classic case of keeping up with the jones that burst his wallet eventually.
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well, even then an NMP's allowance is $13000 a month?
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life is cruel.