Man, 19, arrested for moneylending harassment

The man, 19, is believed to be involved in multiple cases of unlicensed moneylending harassment islandwide. ST GRAPHICS
The man, 19, is believed to be involved in multiple cases of unlicensed moneylending harassment islandwide. ST GRAPHICS

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

The SPF said in a media release on Tuesday (May 30) 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 islandwide, the SPF added.

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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.