The Police have arrested a 25-year-old man for his suspected involvement in a case of loanshark harassment.

On 7 October 2020 at about 1.30am, the Police were alerted to a case of loanshark harassment at a residential unit along Compassvale Bow where the door of the unit was splashed with an unknown liquid.

Through ground enquiries and with the aid of images from police cameras, officers from Ang Mo Kio Police Division established the identity of the man and arrested him 13 October 2020.

he man will be charged in court on 15 October 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