- Two individuals arrested for loanshark harassment in Singapore.
- Suspects face charges under the Moneylenders Act 2008.
- Police emphasise zero tolerance for loanshark activities.
Swift police action leads to arrest of two individuals involved in loanshark harassment, highlighting Singapore’s tough stance on such crimes.
Incident Overview
On 25 April 2025, Singapore witnessed a swift response to loanshark harassment.
According to Singapore Police Force (SPF), a man and a woman were arrested for their involvement in loanshark activities.
The incident took place at a residential unit along Bukit Batok Street 34.
Police were alerted to the case when the main gate of the unit was found locked with a bicycle lock.
A debtor’s note was also left behind at the scene.
Arrest Details
The police acted swiftly upon receiving the report.
Officers from Jurong Police Division, Ang Mo Kio Police Division, and Police Operations Command Centre were involved in the operation.
Using ground enquiries and images from Police cameras, they identified the suspects.
Within five hours of the report, the duo were arrested.
Both suspects, a man and a woman, are aged 35.
Charges and Legal Proceedings
The arrested individuals will face charges in court on 26 April 2025.
They will be charged under the Moneylenders Act 2008.
Preliminary investigations suggest their involvement in other similar cases islandwide.
For first-time offenders, loanshark harassment carries severe penalties:
- A fine between S$5,000 and S$50,000
- Imprisonment of up to five years
- Caning of up to six strokes
Police Statement and Advice
The Singapore Police Force has taken a firm stance against loanshark activities.
According to SPF, “The Police have zero tolerance for loanshark harassment activities.”
The police further warned against property damage and public disturbance.
SPF stated, “Those who deliberately vandalise properties, cause annoyance and disrupt public safety, peace and security, will be dealt with severely in accordance with the law.”
The public is strongly advised to stay away from loansharks.
SPF emphasised, “Members of the public are advised to stay away from loansharks and not work with or assist the them in any way.”
Contact Information and Resources
The police urge the public to report any suspected loanshark activities.
Citizens can call the police at ‘999’ for immediate assistance.
The use of CCTV footage in this case highlights the importance of surveillance technology in crime prevention and investigation.
Do you think the current penalties for loanshark harassment are sufficient to deter such crimes in Singapore?
