Man, 26, arrested for loanshark harassment at Punggol, Choa Chu Kang and Clementi

A 26-year-old man was arrested for his suspected involvement in three cases of loanshark harassment.

The police said in a statement that they were alerted to a case of loanshark harassment at a residential unit at Punggol Walk on Nov 7 at about 8.15pm.

The unit was splashed with red paint and a debtor's note was left behind.

The man was identified by police officers and arrested on the same day.

Preliminary investigations revealed that the man is also allegedly involved in two other cases of loanshark harassment at Choa Chu Kang Avenue 7 and Clementi Avenue 5.

A pen, a sling bag, a T-shirt and a pair of pants were seized as case exhibits.

The man will be charged in court on Thursday (Nov 9) under the Moneylenders Act 2008.

First-time offenders will face a fine 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 or disrupt public safety, peace and security, will be dealt 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 loansharks 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.