Woman Arrested For Loanshark Harassement
The Police have arrested a 25-year-old woman for her suspected involvement in a case of loanshark harassment.
On 19 June 2018, the Police were alerted to a case of loanshark harassment where the gate of a residential unit along Ang Mo Kio Ave 8 was locked with a bicycle lock. A debtor note was also left behind. Through ground enquiries and with the aid of images from Police cameras, officers from Ang Mo Kio Police Division established the identity of the woman and arrested her along New Bridge Road. Preliminary investigations revealed that she is believed to be involved in another loanshark harassment case in Jurong.
The woman will be charged in court on 22 June 2018 under the Moneylenders Act 2010 (Revised Edition). Under the Moneylenders Act (Revised Edition 2010), first time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to 5 years and mandatory caning of up to 6 strokes.
Source: Singapore Police Force