NEWS RELEASES

11 June 2019

Two Men Arrested For Loanshark Harassment

The Police have arrested two men, aged 26 and 35, for their suspected involvement in a case of loanshark harassment.

On 10 June 2019, the Police received a report of loanshark harassment along Ang Mo Kio Avenue 3, where paint was splashed on the door of a residential unit and loanshark-related graffiti were scrawled on the wall beside the unit. 

Through follow-up investigations and with the aid of images from CCTVs, officers from Ang Mo Kio Police Division established the identities of the men and arrested them on 11 June 2019.

The men will be charged in court on 12 June 2019 under the Moneylenders Act 2010 (Revised Edition). 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 or 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 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.


PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
11 June 2019 @ 7:24PM

Last Updated on 12 June 2019