C
Cao Pi
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Jul 7, 2010
2 loanshark runners arrested
<!-- by line --> By Carmen Woo
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TWO men have been arrested for suspected involvement in loansharking activities in two separate cases. While patrolling along Yishun Street 71 last Saturday, officers from Ang Mo Kio Police Division spotted a man behaving suspiciously. On checking, they found several bank transaction receipts on him which were believed to be linked to loansharking activities.
The 33 year-old suspect was arrested. Preliminary investigations revealed that the suspect is a debtor-turned-runner and had assisted the loansharks to verify the particulars of potential borrowers. In the second incident, officers from Ang Mo Kio Police Division arrested a 20 year-old men in an operation conducted in Ang Mo Kio Central on Tuesday.
Several marker pens, ATM cards, one handphone and debtors' records were seized from him. The suspect is said to be a debtor-turned runner and was involved in at least 12 cases of harassment in housing estates. Investigations against the first suspect are still ongoing. The second man will be charged in Court on Wednesday.
