SINGAPORE: Unable to pay loan sharks, a 70-year-old woman set up a beauty product investment scam and targeted two beauty salons. She pleaded guilty to four of the charges, and the remaining charges are being taken into consideration by the judge. Case detailsAccording to case investigations, the suspect borrowed at least S$70,000 from loan sharks in 2018 and was unable to repay the debt. Due to this, she was harassed and pursued by the loan sharks. In order to escape from this, she decided to set up fake beauty product investments and deceive beauty salons.