SINGAPORE - A 36-year-old man was arrested on Tuesday for suspected involvement in loanshark harassment activities islandwide.
He was later also arrested for a separate offence of possessing a weapon after police found a 'kukri knife' at his residence.
The suspect is believed to be a debtor-turned-runner.
He will be charged in court on Thursday.
If found guilty of acting on behalf of an unlicensed moneylender or committing or attempting to commit any acts of harassment, first-time offenders face a maximum jail term of five years, a fine of between $5,000 and $50,000 and at least six strokes of the cane.