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MAN ARRESTED FOR LOANSHARK HARASSMENT WITHIN 24 HOURS

The Police have arrested a 50-year-old man for his suspected involvement in a series of loanshark harassment cases.

On 16 January 2022, the Police were alerted to a case of loanshark harassment along Jalan Tiga where hell notes were allegedly thrown at the door of a residential unit and a debtor’s note was left behind.

Through follow-up investigations and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him within 24 hours of the reported incident. Preliminary investigations revealed that the 50-year-old man is believed to be involved in other cases of loanshark harassment island-wide. One mobile phone was seized as case exhibit.

The man will be charged in court on 19 January 2022 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000, with mandatory imprisonment of up to five years, and mandatory caning of up to six strokes.

The Police have zero tolerance towards loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance and 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 the loansharks in any way. Members of 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 illegal loansharking activities.

 

Source: Singapore Police Force