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Debtor-turned-runner held

G

General Veers

Guest
Singapore
Mar 18, 2010

Debtor-turned-runner held

<!-- by line --> By Lin Yingxin

<!-- end by line --> <!-- end left side bar --> <!-- story content : start --> A 36-year-old man, believed to be involved in loanshark harassment, was arrested on Wednesday at Ang Mo Kio Industrial Park. Officers from the Ang Mo Kio Police Division laid an ambush at the industrial park at about 9 am, following a report of loanshark harassment in Yishun on Tuesday. At around 9.30 am, the suspect was spotted and detained. Preliminary investigation revealed that the suspect is a debtor-turned-runner and had harassed debtors by scrawling loanshark-related graffiti on the walls outside their flats. A black marker pen and a mobile phone were seized from the suspect's possession as case exhibits. The suspect will be charged in court on Thursday. Under the amended Moneylenders Act 2008 which came into effect on Feb 11, first time offenders found guilty of loanshark harassment can be jailed up to five years and fined between $5,000 and $50,000. The offender also faces up to six strokes of the cane.



 
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