01 August 2019

Woman Arrested For Loanshark Harassment

The Police have arrested a 33-year-old woman for her suspected involvement in loansharking activities. 

On 24 July 2019, the Police were alerted to a case of loanshark harassment where paint was splashed at a residential unit and loanshark-related graffiti were found scrawled on the walls next to the unit along Teck Whye Lane. Through ground enquiries and with the aid of images from police cameras, officers from Jurong Police Division established the identity of the woman and arrested her on 31 July 2019. Preliminary investigations revealed that the woman is believed to be involved in other cases of loanshark harassment island wide.

The woman will be charged in court on 2 August 2019 under the Moneylenders Act (Revised Edition 2010). 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, 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.

01 August 2019 @ 7:52PM

Last Updated on 05 August 2019