A 23-year-old guy has been arrested for his alleged participation in a case of loanshark harassment.
The Police were notified to an incident of loanshark harassment along Ubi Avenue 1 at around 4.30pm on September 28, 2021, where debtor’s notes were reportedly placed onto the void deck of a residential block. According to preliminary investigations, he is suspected of being engaged in six other loanshark harassment incidents around the island.
Through ground enquiries and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him on 30 September 2021. One mobile phone, one grey printer and a stack of debtor’s notes were seized as case exhibits.
The man will be charged in court on 2 October 2021 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.