The Police have arrested a 58-year-old man for his suspected involvement in a case of loanshark harassment.
On 17 May 2025 at 4.35am, the Police were alerted to a case of loanshark harassment at a residential unit along Tampines Street 12, where the main gate of the residential unit was locked with a bicycle lock and a debtor’s note was left on the shoe rack.
Through ground enquiries and with the aid of images from Police cameras, officers from Bedok Police Division and Police Operations Command Centre established the identity of the man and arrested him within same day. Preliminary investigations revealed that he is believed to be involved in other similar cases of loanshark harassment. One bicycle lock and one mobile phone were seized as case exhibits.
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 $5000 and $50,000, with imprisonment of up to five years, and caning of up to six strokes.
The Police have zero tolerance for 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 work with or assist them in any way. The public can call ‘999’ if they suspect or know of anyone who could be involved in loansharking activities.
SINGAPORE POLICE FORCE
18 May 2025 @ 7:10 PM