Four suspects arrested for loansharking activities
AsiaOne Tuesday, Oct 28, 2014
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SINGAPORE - Four men, aged between 16 to 36, have been arrested by the police for their alleged involvement in loansharking activities.
At about 1am on Oct 23, a report was made to the police by the victim stating that the main door of her house had been locked with a bicycle chain lock and splashed with paint.
Crime Strike Force officers from Rochor Neighbourhood Police Centre followed up immediately and conducted extensive enquiries.
They managed to identify the suspects through the help of CCTV camears. The suspects were then arrested within the Jurong East vicinity on Oct 27. Five handphones were claimed during the arrest.
First time offenders who are found guilty of assisting an unlicensed moneylender, committing or attempting to commit any acts of harassment may face a maximum jail term of five years, a fine of at least $5,000 and may also face at least three strokes of the cane.
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