Police have arrested a 22-year-old man for suspected involvement in loanshark harassment.

On 31 August 2010 at about 9.30 am, through follow-up investigations, officers from Ang Mo Kio Police Division arrested the suspect in the vicinity of Ang Mo Kio Avenue 9 for suspected involvement in loanshark harassment. Preliminary investigations revealed that the suspect was believed to have assisted the loansharks to conduct acts of harassment by splashing paint and scrawling loanshark-related graffiti in the Yishun estate. (Note: An accomplice was arrested on 29 August 2010 and had been charged in Court on 30 August 2010.)

The suspect will be charged in Court on 1 September 2010 for loanshark harassment under the Moneylenders Act (Revised Edition 2010). First time offenders found guilty of loanshark harassment shall be fined not less than $5,000 and not more than $50,000 with mandatory imprisonment of up to 5 years and mandatory caning of up to 6 strokes.

Commander of Ang Mo Kio Police Division HQ, Deputy Assistant Commissioner of Police Hsu Sin Yun, commended his officers for their vigilance and efforts in the fight against loansharks.