The Police have arrested a 35-year-old man for his suspected involvement in a case of loanshark harassment.
On 14 September 2022, the Police received a report of loanshark harassment along Canberra Street, where a debtor’s note was placed on the gate of a unit. Police responded to the incident and arrested the man at the scene. The man is believed to be involved in two other cases of loanshark harassment. Two cans of paint and few pieces of debtor’s notes were seized as case exhibits.
The man will be charged in court on 16 September 2022 under the Moneylenders Act 2008. First-time offenders found guilty of loanshark harassment shall be punished with imprisonment of up to five years, a fine between $5,000 and $50,000, and caning of up to six strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately cause annoyance and disruption to public safety 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
15 September 2022 @ 8:55 PM