Source: SPF
A 34-year-old man has been arrested over his involvement in a suspected loan shark harassment incident in Telok Blangah.
The incident occurred on Tuesday (7 April), according to a Singapore Police Force press release.
SPF said that they were alerted to a case of loanshark harassment at a residential unit along Telok Blangah Crescent at around 5.30pm.
Officers arrived to find the main gate of the unit secured with a bicycle lock.
Source: SPF
Through follow-up investigations and aid from police cameras, officers from the Central Police Division established the identity of the man.
He was subsequently arrested within three hours of the report.
Two bicycle lock keys and a bicycle lock found at the scene were seized as case exhibits.
Source: SPF
The man will be charged in court on 9 April under the Moneylenders Act 2008.
First-time offenders may be subject to a fine between S$5,000 and S$50,000.
They may also receive a jail term of up to five years, along with caning of up to six strokes.
SPF stated that they have a zero-tolerance policy towards loanshark activities.
Source: SPF (for illustration purposes only)
Those who deliberately vandalise properties and cause annoyance or disruption to public safety and security will be dealt with severely in accordance with the law.
The Police also advised members of the public to stay away from loansharks and not to work with or assist them in any way.
Members of the public can also call 999 if they suspect anyone of partaking in loan-shark activities.
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Featured image adapted from Singapore Police Force.