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Saturday, March 2, 2024
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22-YEAR-OLD LOAN SHARK ARRESTED FOR SPLASHING PAINT IN BUKIT BATOK

The Police have arrested a 22-year-old man for his suspected involvement in a case of loansharking harassment.  

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On 1 February 2024, the Police were alerted to a case of loanshark harassment at a residential unit along Bukit Batok West Avenue 9, where red paint was splashed onto the unit and a note was left on the gate. 

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 2 February 2024. Preliminary investigations revealed that the man is also believed to be involved in other similar cases of loanshark harassment islandwide.

The man will be charged in Court on 3 February 2024 under the Moneylenders Act 2008. For first time offenders, the offence of loanshark harassment carries a fine not less than $5,000 and not more than $50,000, with imprisonment of up to five years, and caning of up to six strokes.  

The Police have zero tolerance for 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.

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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.

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