Man, 47, arrested for loanshark harassment after Bedok South unit gets debtor's note
A 47-year-old man was arrested for his suspected involvement in a case of loanshark harassment at Bedok South Avenue 2.
The police said they were alerted to the case at about 8.58pm on Sept 1, in which a debtor's note had been pasted on the gate of a residential unit.
Through ground enquiries and with the aid of images from police cameras, officers from Bedok Police Division established the man's identity and arrested him within two days.
Preliminary investigations revealed that he is believed to be involved in other cases of loanshark harassment.
One mobile phone was seized as a case exhibit.
The man will be charged in court on Sept 5 under the Moneylenders Act 2008.
For first-time offenders, the offence of loanshark harassment carries a fine between $5,000 and $50,000, with up to five years in jail and up to six strokes of the cane.
The police said they have zero tolerance for loanshark harassment activities. Those who deliberately vandalise properties or cause annoyance and disruption to public safety 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. Call the police at '999' if you suspect or know of anyone who could be involved in loansharking activities.
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