Man arrested for loanshark harassment, possession of 'kukri knife'

Man arrested for loanshark harassment, possession of 'kukri knife'
Police found a kukri knife and other loanshark-related paraphernalia at the residence of a man believed to be responsible for several cases of loanshark harassment islandwide.

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.

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