The Police have arrested a 47yearold man for his suspected involvement in a case of loanshark harassment.
On 19 February 2020 at about 10.10pm, the Police were alerted to a case of loanshark harassment at a residential unit along Cashew Road where a debtor note was left behind at the gate of the unit. Through investigations and with the aid of images from police cameras, officers from Jurong Police Division established the identity of the man and arrested him on 24 February 2020.
The man will be charged in court on 26 February 2020 under the Moneylenders Act (Revised Edition 2010). For first time offenders, the offence carries a fine not less than $5,000 and not more than $50,000, 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 XAh Long hotline at 18009245664 if they suspect or know of anyone who could be involved in loansharking activities.
Source: Singapore Police Force