15YO Boy Arrested for Suspected Loan Shark Harassment in CCK

By
Avery
-

Ah, the sweet, sweet teenage years. The last tinges of childhood innocence, carefree school friendships, screams from parents for not getting an A, and in some people’s cases, arrests for harassment.

15YO Boy Arrested for Suspected Loan Shark Harassment in CCK

The Straits Times reports that a 15-year-old was apprehended Wednesday (14 April) for suspected loanshark harassment in Choa Chu Kang.

The incident occurred on 31 March, when the gate of a flat along Choa Chu Kang Street 54 was shut with a bicycle lock that, well, didn’t belong to the flat owner.

A debtor’s note was found outside the flat, because the smartest way to harass someone undetected is to leave both your handwriting and your fingerprints at the scene. 

Anyway, reviewing camera footage and some questions on the ground was enough to identify the teenager, and he was promptly arrested.

His name cannot be released given his young age, and further police investigations are ongoing.

Beware of Loan Sharks

We’ve been drilled since young and perhaps written countless primary school compositions on why loan sharks are bad. 

But they remain a common existence: a police campaign against loan sharking between late January and early February uncovered the involvement of 316 people, and confiscated S$52,000 of related funds.

The Straits Times explains that 101 of the arrested are culpable for assisting loan sharks in ATM transfers and debt harassment, while the rest created bank accounts to facilitate illegitimate loans. 

The youngest of them is only 13. 

The police advise the public to ignore loan advertisements that pop out of nowhere, and to report the messages as spam if the messaging platform so allows. I mean… They are literally spam.

If you do become targeted by loan sharks, though, the most important thing is to remain calm and report the loan shark immediately. You can do this through the X-Ah Long hotline on 1800-924-5664, or the police i-Witness reporting page, according to Seedly. 

While harassment can be scary, it’s important to remember that you have no legal obligation to comply with any demands from loan sharks, since they are carrying out a criminal activity. If you follow loan sharks’ instructions, you might also end up assisting them—and committing a crime yourself.

Not fun. 

If you decide to work as a loan shark, though, the courts would like to send their special regards.

You stand to receive the opportunity to contribute up to S$300,000 for the Singapore Government’s future plans, as well as four years of rent-free accommodation in a historic Changi resort. Male accomplices will also be given up to six complimentary strokes of the cane. 

And that’s an offer you can’t refuse.

Featured Image: Lisic/ Shutterstock.com

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Avery
Email: [email protected]