The Police have arrested a 29-year-old man for his suspected involvement in a case of loanshark harassment.
On 9 December 2018, the Police were alerted to a case of loanshark harassment where the door of a residential unit along Chai Chee Road was splashed with red paint and a debtor note was pasted on the wall outside the unit.
Through ground enquiries and with the aid of images from police cameras, officers from Bedok Police Division established the identity of the man and arrested him along French Road on 1 February 2019. Preliminary investigations revealed that the man is believed to be involved in other similar cases of loanshark harassment at Woodlands Ring Road.
The man will be charged in court on 2 February 2019 under the Moneylenders Act 2010 (Revised Edition). 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.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruptions to public sense of safety, peace and security will be arrested and dealt with severely in accordance with the law.
Members of the public are advised to stay away from loansharks and not work with or assist the loansharks in any way. The public can call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if they suspect or know of anyone who could be involved in illegal loansharking activities.
SINGAPORE POLICE FORCE
01 February 2019 @ 10:20 PM