The Police have arrested two 17-year-old male teenagers for their suspected involvement in a case of loanshark harassment.
On 27 December 2018 at about 11.15 pm, the Police were alerted to a case of loanshark harassment where the gate of a residential unit was secured with a bicycle chain and a padlock, and a debtor’s note was also left at the gate.
Through ground enquiries, officers from Clementi Police Division detained the two teenagers at a bus stop along Jalan Bukit Merah.
Preliminary investigations revealed that the teenagers were believed to have carried out similar acts of harassment in Toa Payoh, Tampines and Henderson housing estates.
The teenagers will be charged in court on 29 December 2018 under the Moneylenders Act (2010 Revised Edition). Under the Moneylenders Act (2010 Revised Edition), 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.
The Police takes a zero tolerance approach towards loanshark harassment. Those who deliberately vandalise properties, and cause annoyance and disruption to public safety 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 loansharks in any way. The public may 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.
On 27 December 2018 at about 11.15 pm, the Police were alerted to a case of loanshark harassment where the gate of a residential unit was secured with a bicycle chain and a padlock, and a debtor’s note was also left at the gate.
Through ground enquiries, officers from Clementi Police Division detained the two teenagers at a bus stop along Jalan Bukit Merah.
Preliminary investigations revealed that the teenagers were believed to have carried out similar acts of harassment in Toa Payoh, Tampines and Henderson housing estates.
The teenagers will be charged in court on 29 December 2018 under the Moneylenders Act (2010 Revised Edition). Under the Moneylenders Act (2010 Revised Edition), 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.
The Police takes a zero tolerance approach towards loanshark harassment. Those who deliberately vandalise properties, and cause annoyance and disruption to public safety 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 loansharks in any way. The public may 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.
PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
28 December 2018 @ 8:10 PM
SINGAPORE POLICE FORCE
28 December 2018 @ 8:10 PM