The Police have arrested a 52-year-old man for his suspected involvement in a case of loanshark harassment.
On 23 December 2022, the Police were alerted to a case of loanshark harassment along Bedok North Road, where the gate of a residential unit was secured with a padlock and a debtor’s note was left behind.
Through ground enquiries and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him on 27 December 2022. Preliminary investigations revealed that the man is allegedly involved in another case of loanshark harassment along Admiralty Drive. A mobile phone was seized as a case exhibit.
The man will be charged in court on 29 December 2022 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000, with imprisonment of up to five years, and caning of up to six strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance or disruption to public safety, peace 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. 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
28 December 2022 @ 10:00 PM