The Police have arrested two men, aged 23 and 46, for their suspected involvement in a case of loanshark harassment.
On 13 September 2023, the Police were alerted to a case of loanshark harassment along Hougang Avenue 8, where a debtor note and a packet of pork were placed at the main gate of a debtor’s residential unit.
Through ground enquiries and with the aid of images from Police cameras, officers from the Criminal Investigation Department and Ang Mo Kio Police Division established the identities of both men and arrested them in the vicinity of Yishun on 21 September 2023.
The two men will be charged in court on 22 September 2023 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries an imprisonment of up to five years, a fine of not less than $5,000 and not more than $50,000, and caning of up to six strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruption to public safety 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. Members of 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
21 September 2023 @ 10:37 PM