NEWS RELEASES

17 July 2019

Duo Arrested For Loanshark Harassment

The Police have arrested two teenagers, aged 15 and 17, for their suspected involvement in a case of loanshark harassment.

On 14 July 2019, the Police were alerted to a case of loanshark harassment where the gate of residential unit along Geylang Bahru was locked with a bicycle lock and splashed with red paint.

Through ground enquiries and with the aid of images from police cameras, officers from Central Police Division established the identities of the suspect and arrested them on the 17 July 2019.

The duo will be charged in court on 18 July 2019 under the Moneylenders Act 2010 (Revised Edition). 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. Second or subsequent time offenders found guilty of loanshark harassment shall be fined not less than $6,000 and not more than $60,000 with mandatory imprisonment of not less than 2 years and not more than 9 years and mandatory caning of up to 12 strokes.

The Police have zero tolerance for loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and disruptions 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 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.


PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
17 July 2019 @ 10:00PM

Last Updated on 18 July 2019