15-year-old teen arrested for alleged loanshark harassment

15-year-old teen arrested for alleged loanshark harassment

SINGAPORE - A 15-year-old teenager, suspected to be involved in a series of loanshark harassment cases, has been arrested.

In a statement today, the police said they had nabbed the youth at Block 351, Tampines Street 33 at about 4.30pm on Apr 6.

The police first received a report on loanshark harassment on Apr 3, after the front door of a HDB unit at Woodlands Street 82 was set on fire.

The boy is also believed to be involved in other similar cases. He will be charged in court on Apr 8.

Under the Moneylenders Act 2010 (Revised Edition), first time offenders found guilty of loanshark harassment may be jailed for up to 5 years, fined between $5,000 and $50,000, and face between three and six strokes of the cane.

The police stressed that they have zero tolerance against loanshark harassment, and warned that those who deliberately vandalised properties would be swiftly arrested and dealt with severely in accordance with the law.

"No effort will be spared to nab them to face the full consequences of their misdeeds regardless of their age," the police added.

seanyap@sph.com.sg

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