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Two men, aged 27 and 29, have been arrested for their suspected involvement in loansharking activities.
The police said in a statement that between July 25 and 26, they received several reports of loanshark harassment involving gates of residential units locked with bicycle locks and debtor notes left behind.
Officers established the identities of the men and arrested them on July 26.
Preliminary investigations revealed that the duo are believed to be involved in other similar cases islandwide at Bukit Merah, Ang Mo Kio, Sengkang, Yishun and Hougang.
Related paraphernalia including debtor notes and bicycle locks were seized as case exhibits.
The men will be charged in court on Friday (July 28) under the Moneylenders Act.
For first-time offenders, the offence of loanshark harassment carries a fine of between $5,000 and $50,000 with up to five years' jail and up to six strokes of the cane.
The police said they have zero tolerance for loanshark harassment activities.
"Those who deliberately vandalise properties, cause annoyance and disruption to public safety and security, will be health with severely in accordance with the law," the police said.
Members of the public are advised to stay away from loansharks and not to work with or assist them in any way.
Call the police at '999' or the X-Ah Long hotline at 1800-924-5664 if you suspect or know of anyone who could be involved in loansharking activities.