The Police have arrested a 20-year-old man for his suspected involvement in a case of loanshark harassment.
On 11 February 2019, the Police received a report of loanshark harassment where a residential unit along Woodlands Ring Road was splashed with red paint. 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 along Woodlands Drive 60 on 15 February 2019.
The man will be charged in court on 16 February 2019 under the Moneylenders Act 2010 (Revised Edition 2010). 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.
The Police have zero tolerance for loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruptions to public sense of safety, peace and security will be arrested and 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
15 February 2019 @ 6:40 PM