The Police have arrested a 57-year-old man for his suspected involvement in a case of loanshark harassment.
On 24 September 2022, the Police were alerted to a case of loanshark harassment where two residential units along Tampines Street 41 were splashed with red paint.
Through investigations and with the aid of images from Police cameras, officers from Bedok Police Division and Woodlands Police Division established the identity of the man and arrested him on 29 September 2022. One mobile phone was seized as case exhibit.
The man will be charged in court on 1 October 2022 under the Moneylenders Act 2008. 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 against 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.
Members of the public are advised to stay away from loansharks and not to work with or assist them 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 illegal loansharking activities.