Suspected loanshark runner, 19, arrested in Clementi
Published on Apr 20, 2014 7:27 PM
Police have arrested a 19-year-old male for his suspected involvement in loanshark activities in Clementi, police said in a statement.
Officers spotted the youth behaving suspiciously near an Automated Teller Machine (ATM) around Clementi Ave 3 on Saturday. They arrested him after they found loanshark-related paraphernalia, including a mobile phone containing debtors' records, three ATM cards and five ATM transaction receipts, on him.
Preliminary investigations found that he is not a debtor, but had been assisting loansharks by carrying out electronic fund transactions.
Investigations are ongoing.
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