23-year-old man arrested for suspected loanshark involvement
AsiaOne
Thursday, May 16, 2013
SINGAPORE - Police have arrested a 23-year-old man for suspected involvement in loansharking activities in Ang Mo Kio and Toa Payoh estates.
Officers from Ang Mo Kio Police Division arrested the suspect in the vicinity of Changi North Street 2 on May 15, at around 12.15pm. A mobile phone was also seized from his possession.
Preliminary investigations revealed that the man is believed to have committed several cases of loanshark harassment by splashing paint at debtors' home units and scrawling loanshark-related graffiti on the walls at HDB blocks.
He will be charged in court on May 17 for the offence of loanshark harassment.
If convicted, he will face a jail term up to five years, a fine not exceeding $50,000 and shall be liable to three to six strokes of caning.
