Latest news with #MoneylendersAct2008
International Business Times
2 days ago
- International Business Times
2 Women Arrested in Singapore for Loanshark Harassment Activities
Two women, aged 20 and 24, were arrested on Tuesday, June 10, for their suspected involvement in a case of loanshark harassment. The Singapore Police Force (SPF) issued a press release and said that they were informed about the case of loanshark harassment at a residential unit along Pasir Ris Street 21 on June 7 June at about 10.40 pm. They added that the main gate of the residential unit was secured with a bicycle lock and a debtor's note was pasted on the gate. SPF said, "Through follow-up investigations and with the aid of images from Police cameras, officers from Bedok Police Division and Police Operations Command Centre established the identities of the duo and arrested them on June 9 and 10. Two mobile phones and two red bicycle locks were seized as case exhibits." On June 11, the duo will be charged in court under the Moneylenders Act 2008. For first-time offenders, loanshark harassment is punishable by a fine ranging from S$5000 to S$50,000, up to five years in prison, and up to six strokes of the cane. "The police have zero tolerance for loanshark harassment activities. Those who deliberately vandalize properties, cause annoyance or disrupt public safety, peace and security, will be dealt with severely in accordance with the law," concluded SPF. The police advised the public to stay away from loansharks and not to work with or assist them in any way. In case they suspect or know of anyone who could be involved in loansharking activities, they can call '999' for assistance.
International Business Times
14-05-2025
- International Business Times
Singapore: 28-Year-Old Man Arrested for Loanshark Harassment in Bedok
A 28-year-old man was arrested by the Singapore Police Force (SPF) on Tuesday, May 13, for his suspected involvement in a case of loanshark harassment. The SPF said in a press statement that they were informed about the loanshark harassment case on Monday, May 12 at about 9.25 am. The incident took place at a residential unit along Bedok Reservoir Road, where the main gate and door of the residential unit was splashed with red paint, and a debtor's note was left behind. The SPF said, "Through follow-up investigations and with the aid of images from Police cameras, officers from Bedok Police Division established the identity of the man and arrested him within the same day. Preliminary investigations revealed that the man is allegedly involved in other similar cases of loanshark harassment." "The man will be charged in court on 14 May under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine between S$5,000 and S$50,000, with imprisonment of up to five years, and caning of up to six strokes," the statement added. The Police have zero tolerance against loanshark harassment actions. Those who willfully damage property, annoy others, or interfere with public safety and security will face harsh legal consequences. The police advised the general public to avoid loansharks and refrain from collaborating or helping them in any manner. If members of the public believe or know someone who may be involved in loansharking, they can contact the police at 999.
Straits Times
14-05-2025
- Straits Times
28-year-old man arrested for splashing Bedok Reservoir unit with red paint
A 28-year-old man was arrested for loanshark harassment after the main gate and door of a residential unit along Bedok Reservoir Road were found splashed with red paint. A debtor's note was also left behind. The police said in a statement that they were alerted to the case on May 12 at 9.25am. Through follow-up investigations and with the aid of images from police cameras, officers from Bedok Police Division established the man's identity, and arrested him within the same day. Preliminary investigations revealed that the man is allegedly involved in other similar cases of loanshark harassment. The man will be charged in court on May 14 under the Moneylenders Act 2008. First-time offenders found guilty of loanshark harassment face a fine between $5,000 and $50,000, with up to five years in jail and up to six strokes of the cane. The police said they have zero tolerance against loanshark harassment activities. They added: "Those who deliberately vandalise properties, cause annoyance or disrupt public safety, peace and security will be dealt with severely in accordance with the law." Members of the public are advised to stay away from loansharks and not to work with or assist them in any way. Those who suspect or know of anyone who could be involved in loansharking activities can call the police at '999'. Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on:
International Business Times
29-04-2025
- International Business Times
24-Year-Old Man Arrested for Loanshark Harassment in Singapore
A 24-year-old man was arrested on Monday, April 28, for his suspected involvement in a case of loanshark harassment in Singapore. The Singapore Police Force (SPF) issued a press release and stated that they were alerted to a case of loanshark harassment on Sunday, 27 April, at about 3.30 am. The incident took place at a residential unit along North Bridge Road, where the main gate and door of the residential unit were splashed with red paint. The SPF said, "Through follow-up investigations and with the aid of images from Police cameras, officers from Central Police Division and Woodlands Police Division established the identity of the man and arrested him on 28 April." "The man will be charged in court on 29 April 2025 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine between $5000 and $50,000, with imprisonment of up to five years, and caning of up to six strokes," the statement added. Loan shark harassment is not tolerated by Singaporean police. Those who willfully damage property, annoy others, or interfere with public safety and security will face harsh legal consequences. The police have advised the public to stay away from loansharks and not to work with or assist them in any way. If members of the public suspect or know someone who may be involved in loansharking, they can contact the police at '999'.
Straits Times
29-04-2025
- Straits Times
North Bridge Road flat splashed with red paint, man arrested for loanshark harassment
A 24-year-old man was arrested for his suspected involvement in a case of loanshark harassment at North Bridge Road. The police were alerted on April 27 at about 3.30am after the main gate and door of a flat were splashed with red paint. Through follow-up investigations and with the aid of images from police cameras, officers from Central Police Division and Woodlands Police Division established the identity of the man and arrested him the next day. He will be charged in court on April 29 under the Moneylenders Act 2008. For first-time offenders, the offence of loanshark harassment carries a fine between $5,000 and $50,000, with imprisonment of up to five years, and caning of up to six strokes. The police advise the public to stay away from loan sharks and not to work with or assist them in any way. You can call 999 if they suspect or know of anyone who could be involved in loansharking activities. Click here to contribute a story or submit it to our WhatsApp Get more of Stomp's latest updates by following us on: Share this article Show Comments
