Sunday, June 13, 2021

Victor the cabin crew loan shark

There was always a number of cabin as well as cockpit crew who were perpetually in debt, due to gambling losses in casinos, share markets, horses,mahjongs,Russian poker etc. etc. These crew would have borrowed from banks,credit card companies,financial institutions etc. Some even falsified renovation contractor bills, car loan receipts and other means to borrow from SIA,under the employee loan scheme.
However, when all the official means of borrowings were exhausted,the crew, in desperation,would turned to an inflight supervisor by the name of Victor Kok (not his real name) for help.

Victor was a big loan shark in cabin crew and at any one time ,could have loan out around a million bucks in hard cold cash. He charged an interest rate of 5% per week whereas the loan sharks were charging 10% .Victor had the monopoly of the illegal money lending businesses in SIA cockpit and cabin crew divisions.
A stewardess or steward could get a loan from $3,000 to $5,000 and a more senior cabin crew around $10,000. For a captain,it was about $30,000. All these loans could be obtained from Victor without collateral.
When Greg the chief steward was arrested at Sydney Airport for drug smuggling, Victor was implicated by the authority in Singapore for some money transactions with Greg.
It was discovered that Victor had given loans to Greg in the past and after intensive interrogation,the authorities cleared Victor as being Greg's accomplice in the Sydney drug deal.

There was another group of crew who borrowed from Victor. They were the trainees from overseas like the Malaysian girls. These trainees needed financial help to start off working lives in Singapore. SIA could only offer small loans to help these trainees during the four months of training. The girls could hardly make ends meet because they were receiving only their basic salaries minus CPF contributions and other expenses.
In the end,through recommendations from the senior crew, the Malaysian trainees were able to borrow from Victor.
Some of these trainees defaulted on their loan payments and had to sleep with Victor during their night stops.

All these years, Victor made a lot of money from the interest payments. He boasted of a five figure monthly income from this money lending source The monthly income from SIA as an inflight supervisor was small changed albeit, around $6,000.
He drove around in a Jaguar  and lived in a 5 bedroomed bungalow house somewhere in an upmarket area. He boasted of a parking space huge enough for at least 10 cars around his house.
Victor was not altogether a very generous man. He did not spend much on clothes and food. He did not smoke nor gambled. He loved beer and they were usually with compliments from his employer.

Victor was not at all an asset to SIA. He was a lazy loud mouthed supervisor but clever enough to give his subordinates good check reports so that they would not complain against him.
During flight, he would like to play around with the young stewardesses by hugging and touching their breasts. He knew which girls he could fool around with(the ones who were his potential loan clients).
Finally, time caught up with this shark. He ran into bad luck when he flew with Leena, a newbie. Victor thought he could fool around with Leena but he got the wrong girl.
Leena was from a family whose head was a top gun in the local community. He wouldn't let the matter rest when his daughter complained about being molested by a male crew. He gave the company a choice,either take severe action against Victor or face a police investigation.
Victor's employer had little choice but to demote him three ranks down to be a junior steward.
It was hard for Victor to swallow the bitter bill and so he tendered his resignation.
While this was going on, the stock market worldwide had a severe correction and Victor's wife who speculated, lost heavily.
Gone were his job,money,house and the expensive cars.
We have not heard of Victor ever since.

BT: I repost this article because funny enough there was a steward who wanted me to help him contact Victor so he could borrow money from him. Below is the email from the steward and my reply.

hi bohtong,
i read ur blog on SQ and i'm currently a flight atttendant with
Singapore Airlines.
I need to get a loan and hope that i could get Victor's contact from u
so i can ask him for a loan.
Please reply to me asap.
Thanks once again.

regards


My reply:

Victor has gone overseas to live and I dun have contact
with him anymore. 
Go to OCBC or other banks la.

regards,

BT

20 comments:

Anonymous said...

BT, Where did Victor get his money from in the first place??? inheritance ??

Anonymous said...

From smuggling,illegal bookmaking etc...he was borned poor,so no inheritance....smart man huh? But the story hasn't end yet.
BT

Anonymous said...

Hey BT! Good for you. Victims do come forward to vouch for you. Keep up your interesting stories and the good work of exposing the bad, ugly and evil.
BL

Boh Tong aka Luke Tan said...

Thanks "Victim" and "BL"...at least I know some ppl appreciate what I blogged. Hey Victim,yes u are so right to say I got more dirt to dig up. And BL once again thanks for yr support.

Anonymous said...

BT if ur so keen on exposing ppl wth their names hw abt u exposing ur identity too be a gentleman dont hide in the dark while u expose others onli fair right??.. tsskk tssskk!!anyway watver u hv written is all history man!!

Anonymous said...

Lolita said..
Hi uncle nt so nice to write ppls names they can sue u u knw coz u got no evidence so beware!!

Boh Tong aka Luke Tan said...

No such Victor Ling in SIA who was or is a loan shark.The name is fictious but the loan sharking business was real. Me no witness? Got hundreds of them who were his victims and some would be willing to be witnesses against him ok my dear Lolita??
Btw why do you feel so much for this particular shark? He enriched himself at the expense of other ppl.

Anonymous said...

Lolita said
uncle why must write ppls names nt so nice lah . Then u must write yours also right??

Anonymous said...

Lolita said
Unle i dun feel for him i feel thats its not so nice, wld u like it if ppl write n put ur name be it true or nt. Anyway it was history who knws ppl might change over the years too.

Boh Tong aka Luke Tan said...

Lolita,
It's obvious right? If I were to disclose my name, a lot of ppl would 'killed' me...ayia Loli plse understand uncle here lah.

Anonymous said...

Lolita said
Den onli to me leh!!

Boh Tong aka Luke Tan said...

I give u a clue ok Loli? I am not Chinese and my name starts with "H" and U can see my pic in last Friday's newspaper (ST) working as a crew trainer for a local company.

Boh Tong aka Luke Tan said...

Lolita,
Is it better now that i've changed the name to Victor Kok?

Anonymous said...

Lolita said..
Hmm mayb i might just knw u..think i knw who u r but there agn u might just b misleadg me to believe that u r actually nt who u r?? But ill find out one day uncle sooner then u think...mayb u might b surprise to knw who i am too..LOL Any more clues?..Anyway u guys did a great job with the china girls..nt at the airport to see them off last sat?? :)

Anonymous said...

Lolita,
I can also guess why u are interested in my blog.It has something to do with ***** and u are so afraid I would write about that person. Ok dont worry Cos I won't. Email me la....bohtong@yahoo.com
BT.

Anonymous said...

Lolita said
Ur wrong coz i dun care what u want to write abt or who u want to write abt coz its ur perogative n these ppl r no one to me.

Anonymous said...

Read the saturdays article. I see all the old guys n 1 lady onli. Guess ur company must let the younger female trainers train also coz im sure the clients wld like to see sm younger ladies then u old guys training their young girls. Hee the younger girls wld relate to ur younger female trainers btr im sure. Move over.. time for some young blood to take over but u support frm behind lah!!

Anonymous said...

Not difficult to make out who this loan shark is, albeit the majority of the young crew may not have a clue. He speaks with a strong tone of voice with absolute clarity and is easliy understood. Sometimes, people get carried away by their so-called success stories and eventually find themselves in deep waters. He had taken a high profile and paid a heavy price.

I differ with Lolita's comments about young girls relating better with younger female trainers. Cabin crew, aka airline ambassadors, must be persons of all seasons that includes working with people of all age groups. groups.

Anonymous said...

Not sure if it is true that Victor had loaned money to the Malaysian trainees. It would have been unwise for any money lender to get involved with these innocent looking faces. Does anyone think that they were really short of money? Would have been better for them to join MAS.

Anonymous said...

This is a good article. Thanks for sharing the insights. By the way, whoever told you not to reveal other names, you have already told them that names are fictitious. Sometimes, these people are so shallow-minded. The purpose of this article is just to reveal what’s going at the back scene.