27-year-old man arrested for loanshark harassment in Yishun: 'Next time you won't be so lucky'

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A 27-year-old man has been arrested for his suspected involvement in a case of loanshark harassment in Yishun.

The police said in a statement that they were alerted on May 31 at about 7.35pm to a case of loanshark harassment at a Yishun Street 21 residential unit.

The exterior wall of the flat had been splashed with green paint, and a debtor's note was found outside the unit.

loanshark paint
PHOTO: SINGAPORE POLICE FORCE 

It read: "O$P$. This time is just a warning, next time you won't be so lucky."

Officers identified and arrested the man on June 23.

He will be charged in court on June 24 under the Moneylenders Act 2008.

For first-time offenders, the offence of loanshark harassment carries a fine between $5,000 and $50,000, imprisonment of up to five years and caning of up to six strokes.

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