Teen nabbed for loanshark harassment

Teen nabbed for loanshark harassment
Photo illustration on a female loanshark runner.

SINGAPORE - Five people, including a 15-year-old girl, were nabbed on Thursday for suspected loanshark activities in three separate cases.

In the first case, the teenage girl was arrested at 569A, Champions Way, Woodlands, along with a 19-year-old man.

They are suspected of carrying out loanshark harassment by padlocking the main gates of debtors' residences, splashing paint, scribbling graffiti and pasting debtor notes on the walls.

Another man, a 22-year-old, also suspected of being a loanshark runner, was arrested at 106, Commonwealth Crescent.


In the second case, a 36-year-old man was arrested at 368, Bukit Batok Street 31, for allegedly collecting money for a syndicate.

A 33-year-old man was caught at 630, Bukit Batok Central. He is believed to have helped syndicates obtain automated teller machine (ATM) cards from a debtor to facilitate their unlicensed moneylending businesses.

Three of the men will be charged in court today.

This article was first published on February 07, 2015.
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