The Police have arrested a 39-year-old man for his suspected involvement in a case of loanshark harassment.
On 3 July 2023, the Police were alerted to a case of loanshark harassment along Woodlands Drive 14, where a debtor’s note was placed on the main door of a residential unit.
Through ground enquiries and with the aid of images from Police cameras, officers from Woodlands Police Division established the identity of the man and arrested him on 3 August 2023. The man is also believed to be involved in another similar case of loanshark harassment.
The man will be charged in court on 4 August 2023 under the Moneylenders Act 2008. 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 imprisonment of up to five years, and caning of up to six strokes.
The Police have zero tolerance for loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruption to public safetyand 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 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
03 August 2023 @ 10:30 PM