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Two teens arrested for suspected loanshark harassment

Published on Apr 6, 2014 3:29 PM

Police have arrested two teens for their suspected involvement in loanshark harassment following a tipoff from the public.

The 14-year-old male and 18-year-old female, believed to be Singaporeans, were behaving suspiciously outside a flat in Compassvale Street in Sengkang on Saturday at 9.50pm when the police arrived.

Two mobile phones, a marker and a piece of debtor note were seized from the suspects, believed to have splashed paint on the doors of debtors and left behind notes demanding repayment in Ang Mo Kio.

They will be charged in Court tomorrow for alleged loanshark harassment. First-time offenders acting for unlicensed moneylenders may face up to five years of jail, a fine of between $5,000 and $50,000, and three to six strokes of the cane.

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