The Police have arrested a 26-year-old man and 24-year-old woman for their suspected involvement in a case of loanshark harassment.
On 12 November 2023, the Police were alerted to a case of loanshark harassment at a residential unit along Woodlands Ring Road, where coffee was splashed onto the wall beside the unit and a debtor’s note was left at the unit’s main gate.
Through ground enquiries and with the aid of images from Police cameras, officers from Woodlands Police Division established the identity of the couple and arrested them on 27 November 2023. A debtor’s note was seized as case exhibit.
The man will be charged in court on 29 November 2023 under the Moneylenders Act 2008, while the woman is assisting with investigations. For first time offenders, the offence of loanshark harassment carries a fine between $5,000 and $50,000, with imprisonment of up to five years, and caning of up to six strokes.
The Police have zero tolerance against loanshark harassment activities. Those who deliberately vandalise properties, cause annoyance or disrupt 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 loansharking activities.