The Police have arrested a 24-year-old man for his suspected involvement in a series of loanshark harassment cases.
On 18 May 2025, the Police were alerted to a case of loanshark harassment along Yishun Avenue 6, where the main gate and door of a residential unit was splashed with red paint and a debtor’s note was pasted on the wall.
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 within 12 hours of the report. He is believed to be involved in at least eight other similar cases of loanshark harassment committed island wide.
The man will be charged in court on 19 May 2025 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 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’ if they suspect or know of anyone who could be involved in loansharking activities.
SINGAPORE POLICE FORCE
18 May 2025 @ 9:00 PM