The Police have arrested a 37-year-old man for his suspected involvement in a series of loanshark harassment cases.
On 18 June 2019, the Police received a report of loanshark harassment where paint was splashed on two adjacent residential units along Choa Chu Kang Crescent and a debtor's note was pasted on a nearby wall.
Through ground enquiries and with the aid of images from police cameras, officers from Jurong Police Division established the identity of the man and arrested him along Upper Jurong Road on 19 June 2019. Preliminary investigations revealed that the man is believed to be involved in other cases of loanshark harassment.
The man will be charged in court on 21 June 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 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.
Source: Singapore Police Force