Three Suspects Arrested For A Series Of Loanshark Harassment Cases


The Police have arrested one man and two women, aged between 24 and 31, for their suspected involvement in a series of loanshark harassment.

On 20 June 2019, the Police were alerted to a case of loanshark harassment at a residential unit along Sengkang East Way.

Through follow-up investigations, officers from Ang Mo Kio Police Division established the suspects' identities and arrested them on 24 June 2019. Further investigations revealed that the suspects are involved in other cases of loanshark harassment.

The suspects will be charged in the State Court on 26 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, and cause annoyance or 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 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