The Police have arrested a 17-year-old teenager for his suspected involvement in a case of loanshark harassment.
On 18 March 2025, the Police were alerted to a case of loanshark harassment at a residential unit along Yishun Ring Road, where the main door and gate of the unit were splashed with white paint, and the wall beside the unit was scribbled with loanshark-related graffiti.
Through follow-up investigations and with the aid of images from Police cameras, the Police established the identity of the teenager and arrested him on the same day, within 4 hours of the report.
The teenager will be charged in court on 19 March 2025 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine 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’ if they suspect or know of anyone who could be involved in loansharking activities.
SINGAPORE POLICE FORCE
18 March 2025 @ 3:38 PM