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Man arrested for suspected loansharking activities
Published on Jun 19, 2012
By Bryna Sim
The police have arrested one man for suspected involvement in loansharking activities.
On Monday at 8.15pm, through follow-up investigations on a case of loanshark harassment, officers from Jurong Police Division arrested a 22-year-old man in the vicinity of Chulia Street for his involvement in loansharking activities.
Preliminary investigations revealed that the suspect is a debtor and had assisted the loanshark syndicates to collect repayment of loans from other debtors.
Upon his arrest, $700 in cash and one mobile phone containing debtors' information were seized in connection to the case.
Read the full story in Tuesday's edition of The Straits Times.
