16-year-old teenager arrested for suspected loan shark harassment

SINGAPORE - A 16-year-old teenager was arrested on Thursday (June 28) for suspected involvement in loan-sharking activities, police said.

Police were alerted to reports of loan shark harassment along Woodlands Crescent on June 14.

Gates of several residential units were locked with bicycle locks. Debtor notes were also left behind, they said in a statement on Saturday.

After ground enquiries and with the aid of police cameras, officers from Jurong Police Division identified the teenager and arrested her along Hougang Avenue 8.

Police investigations are ongoing.

Those found guilty of loan shark harassment could be fined between $5,000 and $50,000, face a mandatory jail time of up to 5 years and caning of up to 6 strokes.

Police advised the public to steer clear of all forms of loan-sharking activities, and to not be tempted by the offer of quick and easy money.

"Parents should also be mindful of their children's activities and educate them not to fall prey to these unscrupulous criminals," police added in their statement.

"The punishments for loansharking-related offences are severe, and parents must intervene promptly should their children display tell-tale signs of being under the influence of bad company."