The Police have arrested a 46-year-old man for his suspected involvement in a series of loanshark harassment cases.
Between 21 and 22 May 2022, officers from the Criminal Investigation Department and Ang Mo Kio Police Division mounted a joint operation and arrested the man in the vicinity of Telok Blangah on 22 May 2022. Preliminary investigations revealed that the man is believed to have committed two cases of loanshark harassment by allegedly setting fire to a residential unit along Woodlands Drive 75 and hanging pork at a residential unit along Hougang Street 22. The man is also believed to be responsible for several other cases of loanshark harassment.
The man will be charged in court on 24 May 2022 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. Repeat offenders shall be fined between $6,000 and $60,000, with mandatory imprisonment between two and nine years, and mandatory caning of up to 10 strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, 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. Members of 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 illegal loansharking activities.
SINGAPORE POLICE FORCE
23 May 2022 @ 10:35 PM