The Police have arrested two men, aged 20 and 21, for their suspected involvement in a series of loanshark harassment cases.
On 20 September 2021, the Police were alerted to two cases of loanshark harassment along Hougang Ave 5 and Chai Chee Road where the doors of the residential units were set on fire, with writings found on the walls beside one of the units.
Through investigations and with the aid of images from CCTV and Police cameras, officers from the Criminal Investigation Department, Ang Mo Kio Police Division and Bedok Police Division established the identities of the two men and arrested them in the vicinity of Telok Blangah and Sembawang Way respectively, on 24 September 2021. During the operation, drug paraphernalia was also found and seized from both men.
The men will be charged in court on 25 September 2021 under the Moneylenders Act (Revised Edition 2010). For first time offenders, the offence of loanshark harassment carries a fine of between $5,000 to $50,000, with a mandatory imprisonment term of up to five years, and up to six strokes of the cane.
The Police have zero tolerance towards loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance to the public 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 illegal loansharking activities.
SINGAPORE POLICE FORCE
25 September 2021 @ 10:05 AM