The Police have arrested a 34-year-old man for his suspected involvement in a case of loanshark harassment.
On 16 June 2023, the Police were alerted to a case of loanshark harassment along Woodlands Street 82, where a debtor’s note was placed at the gate of a residential unit.
Through follow-up investigations and with the aid of images from Police cameras, officers from Woodlands and Jurong Police Division established the identity of the man and arrested him on 22 June 2023. The man is believed to be involved in two other similar cases of loanshark harassment along Woodlands Street 82 and Bukit Batok West Avenue 5.
The man will be charged in court on 24 June 2023 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 disrupt 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
23 June 2023 @ 9:50 PM