Swift Arrest of Loanshark Harasser

The Police have arrested a 26-year old man for his suspected involvement in loansharking activities.

On 5 April 2017, the Police received a report informing that a residential unit at Taman Ho Swee had been splashed with paint. Loanshark-related graffiti was also found scrawled on the wall near the affected unit. Through extensive ground enquiries, officers from Tanglin Division swiftly established the identity of the suspect and arrested him along Yishun Street 81 at about 11.50pm on the same day.

The suspect will be charged in Court on 7 April 2017 under the Moneylenders Act 2010 (Revised Edition). First-time offenders found guilty of loanshark harassment shall be punished with imprisonment for a term not exceeding 5 years and shall also be liable to a fine of not less than $5,000 and not more than $50,000 with mandatory caning of not less than 3 and not more than 6 strokes.

Source: Singapore Police Force

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