The Police have arrested a man and a woman, aged 34, for their suspected involvement in loansharking activities.
On 12 April 2018, the Police received a report from an occupant of a residential unit along Woodlands Street 31, informing that envelopes containing debtor notes were delivered to his house. Through extensive ground enquiries and images from Police cameras, officers from Jurong Police Division established the identities of the duo and arrested them along Hougang Avenue 8 on 16 April 2018. Preliminary investigations revealed that they are believed to be involved in several other cases of loanshark harassment island-wide.
The duo will be charged in Court on 18 April 2018 under the Moneylenders Act 2010 (Revised Edition). 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
17 April 2018 @ 8:30 PM