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Police arrest 2 for suspected loansharking activities
Published on Jan 4, 2012
By Jalelah Abu Baker
The police arrested two men, aged 25 and 34, on Tuesday in two separate cases of suspected involvement in loansharking activities.
In the first case at 11.45am in the vicinity of Hougang Ave 9, the 34-year-old was found to have assisted loansharks in the transfer of funds and the opening of a bank account.
After he was arrested, loansharking paraphernalia, such as a bank statement and ATM card, were also found on him.
In the other case, the 25-year-old was arrested at Sembawang Drive at 4.45pm when police officers were conducting anti-crime rounds.
Police officers saw that his hand was stained with paint, and he was arrested for loansharking activities after an interview.
Paraphernalia such as cans of paint, a handphone containing debtors' records, plastic bags, gloves, screw-driver and a penknife were found on him.
Investigations against the suspects are ongoing.
Read the full story in Wednesday's edition of The Straits Times.
