The Police have arrested a 40-year-old man for his suspected involvement in a series of loanshark harassment cases.
On 21 January 2023, the Police received a report of loanshark harassment along Yishun Ring Road, where a residential unit was allegedly splashed with red paint, with graffiti scribbled on the wall outside the unit. Through ground enquiries and with the aid of images from Police cameras, officers from Woodlands Police Division established the identity of the man and arrested him on 28 February 2023. Preliminary investigations revealed that the man is believed to be involved in at least four other cases of loanshark harassment committed islandwide.
The man will be charged in court on 2 March 2023 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000, with mandatory imprisonment of up to five years and mandatory 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
01 March 2023 @ 5:25 PM