3 men arrested for carrying out loanshark activities

SINGAPORE - Three men have been arrested for being involved in three separate cases related to loansharking activities.

One of the men, a 28-year-old, was arrested on Saturday night after a security camera captured him behaving suspiciously at Jurong East Street 32.

Two mobile phones and marker pens were found on him. He is believed to have splashed paint and wrote on walls at the Jurong East residential estate in July this year.

In a separate case, another 28-year-old man was arrested on Sunday morning for splashing paint on three cars at a car park in Yishun Avenue 3.

He is believed to have committed several cases of loanshark harassment by splashing paint on parked cars belonging to innocent parties who were not loanshark debtors.

Both suspects will face the court on Monday.

First-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment can be jailed for up to 5 years, and face a fine of not less than $5,000 and not more than $50,000. They may also be given 3 to 6 strokes of the cane.

In the third case, a 35-year-old man was arrested for allegedly assisting loansharks in collecting and distributing Automated Teller Machine (ATM) cards from account holders.

Investigations for this case are ongoing.