The Police have arrested two men aged 17 and 18 for their suspected involvement in loansharking activities.
On 30 April 2017, the Police discovered paint splashed at a residential unit at Blk 270 Pasir Ris St 21 while on patrol. Loanshark-related graffiti was also found scrawled on the wall of the lift lobby. Through extensive ground enquiries, officers from Bedok Police Division managed to establish the identity of the suspects and arrested them at Jurong Central on 2 May 2017. One mobile phone with debtors' records was seized as case exhibit. Preliminary investigations revealed the two men are believed to have been involved in other similar loanshark harassment cases at Pasir Ris, Eunos, Sengkang and Boon Lay.
Both men will be charged in Court on 4 May 2017. Under the Moneylenders Act (Revised Edition 2010), first time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to 5 years, and mandatory caning of up to 6 strokes.
SINGAPORE POLICE FORCE
03 May 2017 @ 11:00 PM