35-year-old man arrested for loanshark harrassments

35-year-old man arrested for loanshark harrassments

SINGAPORE - Police have arrested a 35-year-old man on Feb 7 at Woodlands Checkpoint for suspected loanshark harassments at HDB estates.

In a statement today, the police said it had received reports of loanshark harassment writings outside residential units at various estates islandwide between Jan 1 and Feb 7.

Officers from Bedok Police Division seized surgical masks and markers pens upon arresting the suspect.

He will be charged in court on Feb 9 for loanshark harassment.

Under the Moneylenders Act (Revised Edition 2010), first-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment can be jailed for up to five years and fined between $5,000 and $50,000

They shall also be liable to caning of not less than three and not more than six strokes.


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