Moneylending harrasment

A 19-year-old man was arrested on suspicion of being involved in unlicensed moneylending harassment activities by The Singapore Police Force (SPF).

In a media release on Tuesday (May 30), the police force said that it received a report of unlicensed moneylending harassment at a residential unit along Pasir Ris Street 51 on Sunday.

The man was nabbed on Monday by officers from Bedok Police Division after extensive ground enquiries and review of police camera images.

Preliminary investigations have revealed his possible involvement in other unlicensed moneylending harassment cases island wide.

Under the Moneylenders Act, first-time offenders found guilty of acting on behalf of an unlicensed moneylender, committing or attempting to commit any acts of harassment can be jailed for up to five years, receive a fine between $5,000 and $50,000 and receive between three to six strokes of the cane.