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SINGAPORE: Police have nabbed two men for suspected involvement in loansharking activities. The arrest happened on Monday at about 10.20pm along Yishun Avenue 1.
Officers had noticed the suspects behaving suspiciously while on an anti-crime patrol.
Upon checking, several handphones suspected of containing loansharking-related messages and markers were found in their possession.
It is believed the men, aged 19 and 20, had helped loansharks to issue debtor notes for loan repayments.
Both suspects will be charged in court on Wednesday. If convicted, they could be fined up to S$200,000 and jailed for up to two years.
Separately, a debtor turned runner for loansharks has also been arrested. The 36-year-old suspect was nabbed on Tuesday at about 11am in the vicinity of Jurong East Street 13.
This came in the wake of investigations into several reports of loanshark harassment in the Teban Garden area.
Loansharking-related paraphernalia including mobile phones, suspected debtors' records, ATM cards, cash of about S$500 and several bank transaction receipts were seized from the suspect. - CNA/vm
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