Man arrested after leaving debtor's note outside Yishun unit: 'Today my company give warning...'
A 49-year-old man has been arrested for his suspected involvement in a case of loanshark harassment.
The police said they were alerted to the case at a residential unit at Yishun Street 31 on Feb 10 at about 6.35pm.
A debtor's note was left outside the unit.
Officers identified the man and arrested him within six hours of the report.
Preliminary investigations revealed that the man is allegedly involved in other similar cases of loanshark harassment islandwide.
The man will be charged in court on Feb 12 under the Moneylenders Act 2008.
For first-time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000, with up to five years' jail, and up to six strokes of the cane.
The police said they have zero tolerance against loanshark harassment activities.
"Those who deliberately vandalise properties, cause annoyance and disruption to public safety and security, will be dealt with severely in accordance with the law," the police said.
Members of the public are advised to stay away from loansharks and not to work with or assist them in any way.
Call the police at '999' if they suspect or know of anyone involved in loansharking activities.
