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Source:
www.spf.gov.sg |
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8 Youth Runners Arrested For
Unlicensed Moneylending Related Activities |
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Police arrested eight Chinese male subjects,
aged between 14 and 27 years old, for unlicensed moneylending related
harassment activities in Hougang, Sengkang and Pasir Ris in a 20-hour
operation which ended on the morning of 27 December 2007. |
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Among the items seized during the operation
included mobile phones, marker pens, paint cans and bank account books. |
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The youths are believed to have conducted a
spate of unlicensed moneylending related harassment across the island
and were arrested after extensive probes by the Special Task Force of
Ang Mo Kio Police Division. |
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Commander of Ang Mo Kio Police Division,
Superintendent Lee Chin Ek, commended his officers for their vigilance
leading to the arrest of the eight subjects and said, “Police will spare
no efforts to identify and arrest the offenders who commit acts of
public disorder, including acts of unlicensed moneylending harassment to
the public." |
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Four of the subjects will be charged in
court on 28 December 2007 for unlicensed moneylending related
harassment. The other four subjects have been released on bail pending
further police investigation. |
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First-time offenders found guilty of
assisting in the carrying on of the business of an unlicensed
moneylender, may be fined up to $200 000, or jailed a maximum of 2
years, or both. Repeat offenders face a maximum fine of $200 000, and a
maximum jail term of 5 years. |
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Persons who harass or intimidate any persons
in connection with loans by an unlicensed moneylender face a maximum
fine of S$40,000, or maximum jail term of 3 years, or both. Persons who
cause damage to any property during the commission of such acts of
harassment are also liable to caning. |
PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
27 December 2007 at 9.30pm |
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Source:
www.spf.gov.sg Media Release 27
Dec 2007 |
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8 youths arrested for unlicensed moneylending related activities