The Police have arrested a 23-year-old woman and a 26-year-old man for their suspected involvement in loansharking activities.
On 11 June 2020, the Police were alerted to a case of loanshark harassment where the gate of a residential unit along Bukit Panjang was locked with bicycle lock and a debtor’s note was left behind. 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 on 15 June 2020. The woman, who was suspected to be involved in a separate case of loanshark harassment along Punggol Drive with the man, was arrested together with the man.
The duo will be charged in court on 17 June 2020 under the Moneylenders Act (Revised Edition 2010). For first time offenders, the offence of loanshark harassment carries a fine of not less than $5,000, and not more than $50,000, with mandatory imprisonment of up to five years, and mandatory caning of up to six 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 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