The Police have arrested a 53-year-old man for his suspected involvement in a case of loanshark harassment.
On 3 June 2023, the Police were alerted to a case of loanshark harassment at a residential unit along Ubi Ave 1, where a resident had alleged that a man had handed over a debtor note to her and left thereafter.
Through follow-up investigations and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him on 8 June 2023. Preliminary investigations revealed that the man is believed to be involved in multiple cases of similar loanshark harassment island-wide. One mobile phone was seized as case exhibit.
The man will be charged in court on 10 June 2023 for offence under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine between $5,000 and $50,000, with imprisonment of up to five years and caning of up to six strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance or disruption 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 to 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
09 June 2023 @ 10:50 PM