A 17-year-old male teenager has been arrested by the police on suspicion of being involved in loansharking activities.
The arrest took place on 26 April 2023 after the police received a report of loanshark harassment on 23 April. The incident involved the locking of a residential unit gate with a bicycle lock and the scribbling of words on the adjacent wall along Choa Chu Kang Avenue 1, according to the press release by Singapore Police Force.
With the assistance of images from police cameras and through ground inquiries, officers from Jurong Police Division successfully identified the teenager and took him into custody.
Police investigations are ongoing.
Under the Moneylenders Act 2008, first time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000, with mandatory imprisonment of up to five years, and mandatory caning of up to six strokes.
Members of the public are advised to stay away from loansharks and not work with or assist the loansharks in any way. The public can call the Police at ‘999’ or the X-Ah Long hotline at 1800-924-5664 if they suspect or know of anyone who could be involved in loansharking activities.
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