Police have arrested 1 man and 2 women, aged between 33 and 47, for their suspected involvement in 3 separate loansharking harassment cases.
2 On 14 May 2015, between 5.05pm and 9.37pm, acting on information received, officers from Jurong Police Division arrested a 33-year-old man and 2 women, aged 43 and 47, at Bukit Batok West Avenue 5 and Bukit Batok Central respectively, for their suspected involvement in assisting unlicensed moneylending activities.
3 Preliminary investigations revealed that the 3 suspects are believed to be debtors-turned-runners. Both female suspects were believed to have assisted to procure Automated Teller Machine (ATM) cards and Personal Identification Numbers (PIN) from other debtors to facilitate unlicensed moneylending activities, and the male suspect was believed to have assisted to retain a debtor’s national registration identification card (NRIC) and Singapore driving licence. Upon their arrest, the Police seized a total of 7 ATM cards, 3 handphones, 1 NRIC and 1 Singapore driving licence in connection to the cases.
4 All the 3 suspects will be charged in State Courts on 16 May 2015. Under the Moneylenders Act 2010 (Revised Edition), first-time offender found guilty of carrying on the business as an unlicensed moneylender or assisting in the business of unlicensed moneylending may be fined not less than $30,000 and not more $300,000, be imprisoned for a term not exceeding four years and shall also be liable to be punished with caning not more than six strokes.
SINGAPORE POLICE FORCE
15 May 2015 @ 12:20 PM