The Police have arrested an 18-year-old man for his suspected involvement in a case of loanshark harassment.
On 10 November 2020 at about 7.08 am, the Police were alerted to a case of loanshark harassment at a residential unit along Blk 115 Whampoa Road where the gate and door of the unit was splashed with red paint.
Through ground enquiries and with the aid of images from police cameras, officers from Tanglin Police Division established the identity of the man and arrested him on 17 November 2020. Preliminary investigations revealed that the man is believed to be involved in other similar cases of loanshark harassment island-wide.
The man will be charged in court on 19 November 2020 under the Moneylenders Act (Revised Edition 2010). First time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to 5 years and mandatory caning of up to 6 strokes.
The Police have zero tolerance for loanshark harassment activities. Those who deliberately vandalise properties and cause annoyance and disruptions to public sense of 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
18 November 2020 @ 6:00 PM