Man Arrested For Loanshark Harassment

The Police have arrested a 20-year-old man for his suspected involvement in a case of loanshark harassment.

On 3 September 2024 at about 7.30am, the Police were alerted to a case of loanshark harassment at a residential unit along Admiralty Link, where the main door and gate of a residential unit was splashed with red paint, and a debtor's note was left behind.

Through follow-up investigations and with the aid of images from Police cameras, officers from Woodlands Police Division established the identity of the man and arrested him on 6 September 2024. Preliminary investigations revealed that the man is also allegedly involved in two similar cases of loanshark harassment along Yishun Street 21 and Sembawang Drive.

The man will be charged in court on 7 September 2024 under the Moneylenders Act 2008. 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 work with or assist them in any way. The public can call the Police at '999' if they suspect or know of anyone who could be involved in loansharking activities.

[Photos related to the case at Admiralty Link ▼]

[Photos related to the case at Sembawang Drive ▼]