In Singapore, four individuals, including a 22-year-old woman and three men aged between 22 and 30, have been arrested for their suspected involvement in a series of loanshark harassment cases. The arrests stem from three separate incidents reported between February 15 and February 20, 2025.
The first incident occurred on February 15 at around 12:00 pm at a residential unit along Edgefield Plains. The police were alerted after discovering that the unit’s gate had been locked with a bicycle lock, and a debtor note had been left behind. Following investigations, officers from the Ang Mo Kio Police Division identified a 22-year-old woman as the suspect. She was arrested on February 19, and authorities believe she may have been involved in similar harassment cases.
The second case took place on February 19 at around 8:50 pm at a residential unit along Hougang Avenue 3. In this incident, red paint was splashed on the front door of the unit, and a debtor note was left behind. Investigators, aided by footage from police cameras and CCTVs, established the identities of two male suspects, aged 22 and 23. Both were arrested on the same day and are believed to have connections to other loanshark harassment cases.
The third case was reported on February 20 at approximately 8:20 am at another residential unit along Edgefield Plains. A debtor note was discovered at the scene, prompting an investigation. The police quickly identified and arrested a 30-year-old man the same day. He is also suspected of being involved in multiple loanshark harassment activities.
All four suspects are set to be charged in court on February 21, 2025, under the Moneylenders Act 2008. First-time offenders convicted of loanshark harassment face severe penalties, including a fine ranging from $5,000 to $50,000, imprisonment of up to five years, and up to six strokes of the cane.
The police have reiterated their firm stance against illegal moneylending activities and associated harassment. Authorities have warned that acts of vandalism, public disturbance, and threats to public safety will not be tolerated and will be met with strict legal action.
The public is urged to avoid engaging with loansharks or assisting them in any way. Anyone with information about illegal moneylending activities is encouraged to report it by calling the police at ‘999’.
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