Police nab 3 men in 3 separate loanshark cases

Police nab 3 men in 3 separate loanshark cases

SINGAPORE - Police said that they arrested three men yesterday for suspected involvement in loanshark activities in three separate cases.

Officers from Ang Mo Kio Police Division arrested a 28-year-old man in Bugis Street at about 6.15pm, after investigations into a case of loanshark harassment.

A 24-year-old man was arrested in Ang Mo Kio Avenue 6 at about 10.45pm. He is suspected to have assisted loansharks by asking debtors to call the loansharks about repayments. Three handphones were seized, they said.

Officers from Jurong Police Division arrested a 52-year-old man in Rivervale Crescent at about 5pm. The man is believed to be a debtor-turned-runner. The police said the man is suspected of having collected automated teller machine (ATM) cards from other debtors to help the loansharks. Three ATM cards and a handphone were seized.

The 28-year-old suspect will be charged in court tomorrow, and, if found guilty, may be fined between $5,000 and $50,000 with mandatory imprisonment of up to five years and mandatory caning of up to six strokes, police said in a statement on Wednesday.

Investigations against the other two suspects are on-going.


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