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The Police have arrested a 49-year-old woman for her suspected involvement in a case of loanshark harassment. 

On 13 March 2024, the Police were alerted to a case of loanshark harassment at a residential unit along Yishun Street 11, where the main gate was locked with a bicycle lock and a debtor’s note was left behind. The bicycle lock and debtor’s note were seized as case exhibits.

Through follow-up investigations and with the aid of images from Police cameras, officers from Woodlands Police Division established the identity of the woman and arrested her on 21 March 2024. 

The woman will be charged in court on 23 March 2024 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 and disruption to 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 loansharking activities.

Photo of affected unit 

20240322_woman_arrested_for_loanshark_harassment 1

Photo of a debtor’s note which was left behind 

20240322_woman_arrested_for_loanshark_harassment 2

 


PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
22 March 2024 @ 8:50 PM
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