The Police have arrested two teenagers aged, 18 and 17 for their suspected involvement in a case of loanshark harassment.
On 17 April 2021, the Police were alerted to a case of loanshark harassment along Hougang Street 61 where the gate of a residential unit was locked with a metal lock and a debtor’s note was left behind.
Through investigations and with the aid of images from police cameras, officers from Ang Mo Kio Police Division established the identity of the two teenagers and arrested them on 21 April 2021.
The duo will be charged in court on 22 April 2021 under the Moneylenders Act (Revised Edition 2010). For first time offenders, the offence of loanshark harassment carries a fine of not less than $5,000 and not more than $50,000 , with mandatory imprisonment of up to five years, and mandatory caning of up to six strokes.
The Police have zero tolerance for loanshark harassment activities. Those who deliberately vandalise property, cause annoyance to the public or disrupt 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 them 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
21 April 2021 @ 6:00 PM