Man arrested for loansharking activities at Teban Gardens

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Man arrested for loansharking activities at Teban Gardens


Published on Mar 6, 2012
By Cherie Thio

The police have arrested a man on Monday evening for suspected involvement in loansharking activities around Teban Gardens.

Officers from Clementi Police Division were notified of a case of loanshark harassment on Monday evening.

When they arrived on the scene, the suspect was no longer there. Officers then conducted a search around the area and they managed to spot the suspect a few blocks away.

After an interview with the 47-year-old suspect, he was placed under arrest. Preliminary investigations indicate that he is a debtor-turned-runner who assisted loansharks in their business by verifying debtors' particulars.

Read the full story in Wednesday's edition of The Straits Times.
 
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