The Police have arrested a 38-year-old man for his suspected involvement in two separate cases of loanshark harassment.
On 18 October 2019, the Police were alerted to two cases of loanshark harassment where the gates of two residential units located along Segar Road and Senja Road were locked using bicycle chains with debtor’s notes left on the doors.
Through investigations and with the aid of images from police cameras, officers from Jurong Police Division established the identity of the man and arrested him on the same day. Preliminary investigations revealed that the man is believed to be involved in other similar cases reported island-wide.
The man will be charged in court on 20 November 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 for loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruptions to public safety, peace and security, will be 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 loansharking activities.
SINGAPORE POLICE FORCE
19 November 2019 @ 10:30 PM