The Police have arrested a 34-year-old woman for her suspected involvement in loansharking activities.
On 24 January 2017, the Police received a report on loanshark harassment at a residential unit in Tampines Street 33. Through extensive ground enquiries and with the aid of images from Police Cameras (POLCAMs), officers from Bedok Division arrested the suspect at Bukit Batok Central on 1 February 2017.
Preliminary investigations revealed that the woman is believed to be involved in other loanshark harassment cases islandwide.
The suspect will be charged in Court on 3 February 2017 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.
Source: SINGAPORE POLICE FORCE