Man arrested for loanshark harassment at two Tampines flats

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A 45-year-old man was arrested on Jan 8 for his suspected involvement in a case of loanshark harassment.

The police said they were alerted to the case at Tampines Avenue 9 on Jan 4, at around 8.40pm.

The main gates of two residential units had been secured with blue bicycle locks and the walls beside the units had been scribbled with loanshark-related graffiti.

Through follow-up investigations and with the aid of images from police cameras, officers from Bedok Police Division established the man's identity and arrested him.

Two blue bicycle locks, two rolls of masking tape and two red markers were seized as case exhibits.

The man will be charged on Jan 9 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 they suspect or know of anyone who could be involved in loansharking activities.


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