of singapore's youngest loanshark victim?

Singapore's youngest loanshark victim?: 13-year-old Tommy (not his real name) could well be Singapore's youngest loanshark victim, chalking up a $30,000 debt.

Hooked on Internet soccer betting, he would place bets on the Spanish Primera Liga, on as many as nine games a day. He started with $50 bets with his friends and eventually moved on to $1,000 wagers online, using his friends' accounts. When his losses started piling up, those friends introduced him to loansharks to make good on his debts. His father, a company director, and his mother, an administration executive, found out when the loansharks came a-calling.