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Thursday, December 13th, 2018

Man Arrested For Loanshark Harassment By Fire Within 24 Hours

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by November 14, 2018 Politics

The Police have arrested a 19-year-old man for his suspected involvement in a case of loanshark harassment by fire.

On 12 November 2018 at about 10.50pm, the Police were alerted to a case of loanshark harassment by fire at Choa Chua Kang Drive, where the door of a residential unit was set on fire. Through investigations, officers from the Criminal Investigation Department and Jurong Police Division identified the suspect and arrested him within 24 hours. Police investigations are ongoing.

The suspect will be charged in court on 15 November 2018 with unlicensed moneylending harassment by setting fire. Under the Moneylenders Act (Revised Edition 2010), offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment shall be punished with imprisonment for a term not exceeding five years, a fine of not less than $5,000 and not more than $50,000, and shall also be liable to caning of not less than three and not more than six strokes.

The Police adopts a zero tolerance approach against loanshark harassment, especially acts of harassment that cause damage and endanger lives. Offenders will be tracked down and dealt with severely in accordance with the law.

Members of the public are advised to stay away from loansharks and not to work with or assist the loansharks in any way. The public can call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if they suspect or know of anyone who could be involved in illegal loansharking activities.

Source: Singapore Police Force

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