Police arrest 4 for alleged loansharking activities

Police arrest 4 for alleged loansharking activities

Police said that they have arrested four persons, between the ages of 18 and 37, for suspected involvement in loansharking activities in three separate cases.

In one case, a 18-year-old woman was arrested in relation to a reported case of paint splashing in Bukit Batok Street 24 last month. The teenager was arrested on Tuesday in Orchard Boulevard.

Police said that the teenager had assisted loanshark syndicates to carry out harassments at Bukit Batok and Yishun. A mobile phone with debtors' information was seized.

In another case, a 25-year-old woman and 26-year-old man was arrested yesterday. The two are suspected to be debtors who helped a syndicate to carry out Automated Teller Machine transactions.

In a third case, a 37-year-old man was arrested in Choa Chu Kang Street 51 yesterday for using his previous address to get illegal loans. The suspect had apparently not updated his address after he moved out of his former residence. As a reslt, the current occupant of the house was targeted by loansharks.

The police said that the three suspects in the first two cases will be charged tomorrow. The case against the 37-year-old man is ongoing, it said in a statement.


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