The Police have arrested a 26-year-old man for his suspected involvement in three cases of loanshark harassment.
On 7 November 2023 at about 8.15am, the Police were alerted to a case of loanshark harassment at a residential unit along Punggol Walk, where the unit was splashed with red paint and a debtor’s note was left behind.
Through ground enquiries and with the aid of images from Police cameras, officers from Ang Mo Kio Police Division established the identity of the man and arrested him on the same day. Preliminary investigations revealed that the man is also allegedly involved in two other cases of loanshark harassment at Choa Chu Kang Avenue 7 and Clementi Avenue 5. One pen, a notebook, a sling bag, a T-shirt and a pair of pants were seized as case exhibits.
The man will be charged in court on 9 November 2023 under the Moneylenders Act 2008. For first time offenders, the offence of loanshark harassment carries a fine between $5000 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 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
08 November 2023 @ 6:50 PM