The Police have arrested a 30-year-old man for his suspected involvement in loansharking activities.
On 23 April 2018, the Police received a report that a residential unit at Toa Payoh Lorong 1 had been locked with a bicycle chain. Through extensive ground enquiries, officers from Tanglin Police Division established the identity of the man and arrested him along Henderson Crescent on 25 April 2018. He is believed to be involved in several cases of loanshark harassment island-wide.
The man will be charged in court on 27 April 2018 under the Moneylenders Act 2010 (Revised Edition). First-time offenders found guilty of loanshark harassment shall be punished with imprisonment for a term not exceeding 5 years and shall also be liable to a fine of not less than $5,000 and not more than $50,000 with mandatory caning of not less than 3 and not more than 6 strokes.
SINGAPORE POLICE FORCE
26 April 2018 @ 7:50 PM