News

S'pore police arrest loan shark runner just 8 minutes after report is made

Police were alerted to a loan shark harassment​ case on Tuesday at 2.52am. They made an arrest just eight minutes later at 3am.

Police were told in the early hours of Oct 7 that the front door of a unit at Jurong East Street 24 had been been splashed with paint and a nearby wall had loan shark graffiti.

After reviewing images from police cameras in the area, officers arrested a 21-year-old man in the area at 3am.

A mobile phone, a sling bag, a marker, six pieces of paper with writings, six cans of paint and six plastic bags were seized from his possession, stated a police press release.

Charged in court 

The suspect is believed to have helped loan shark syndicates harass debtors by splashing paint on doors and scrawling graffiti on walls of their houses in Jurong West, Choa Chu Kang, Woodlands, Ang Mo Kio and Yishun.

The man will be charged in court on Wednesday for loan shark harassment.

Under the Moneylenders Act (Revised Edition 2010), first-time offenders will be fined between $5,000​ and $50,000​, jailed for up to 5 years​, and given up to 6 strokes of the cane.

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