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Tuesday, September 27, 2022
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38 Y.O MAN ARRESTED FOR LOAN SHARK HARASSMENT, PADLOCKED DEBTOR’S FRONT GATE

The Police have arrested a 38-year-old man for his suspected involvement in a case of loanshark harassment.

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On 5 August 2022, the Police were alerted to a case of loanshark harassment, where the gate of a residential unit along Pasir Ris Avenue 6 was secured with a black bicycle lock, with a debtor’s note pasted at the gate.

Through investigations and with the aid of images from Police cameras, officers from Bedok Police Division and Ang Mo Kio Police Division established the identity of the man and arrested him on the same day.

The man will be charged in court on 6 August 2022 under the Moneylenders Act 2008 For first time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000, with mandatory imprisonment of up to five years, and mandatory caning of up to six strokes.

The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance or disruptions to the public sense of 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 to work with or assist the loansharks in any way. Members of 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 illegal loansharking activities.

PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
05 August 2022 @ 11:40 PM

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