The Police have arrested two men aged 24 and 26 for their suspected involvement in a case of loanshark harassment.
On 6 November 2017, a residential unit at Compassvale Walk was sprayed with paint and loanshark-related graffiti was found written on the wall. Through extensive ground enquiries, officers from Tanglin and Ang Mo Kio Police Divisions established the identities of both men and arrested them on 6 November 2017. Based on preliminary investigations, the two men are believed to be involved in other loanshark harassment cases reported in Ang Mo Kio, Jurong, Toa Payoh, Pasir Ris and Tampines.
The duo will be charged in Court on 8 November 2017 under the Moneylenders Act 2010 (Revised Edition). Under the Moneylenders Act (Revised Edition 2010), 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.
SINGAPORE POLICE FORCE
07 November 2017 @ 8:25 PM