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Two Chinese men, aged 38 and 42 years
old, were arrested for their suspected involvement in loansharking
activities when they were stopped at a road-block early this
morning. |
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On 6 April 2009 at about 2.20am, Police
stopped a car while conducting a road block in the vicinity of
Yishun Housing Estate. The vigilant officers observed that the two
men in the car appeared to be nervous and decided to conduct a
further check. The officers' suspicions were confirmed when they
found a stack of cash deposit receipts, ATM cards, marker pens, a
few cans of paints and debtor records in the car. The two suspects
were immediately placed under arrest for their suspected involvement
in loansharking activities. |
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Both men will be charged in Court on 7
April 2009 at 9.00am for assisting an unlicensed moneylender by
harassing the borrower and besetting the residence under the
Moneylenders Act 2008. |
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first-time offender found guilty of
assisting an unlicensed moneylender by harassing the borrower and
besetting the residence shall be liable on conviction to a fine of
not less than $4,000 and not more than $40,000 or to imprisonment
for a term not exceeding 3 years or to both. He may also be
subjected to caning with not more than 4 strokes if it is proved to
the satisfaction of the court that, in the course of committing the
offence, damage was caused to any property. |
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Commander of Ang Mo Kio Police Division
HQ, Superintendent Hsu Sin Yun commended his officers for their
vigilance resulting in the successful arrest of the suspects. |
PUBLIC AFFAIRS DEPARTMENT
SINGAPORE POLICE FORCE
06 April 2009 @ 10pm |
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Source:
www.spf.gov.sg Media Release 6
Apr 2009 |
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Loansharking duo busted at police
road block