For first-time offenders, a loanshark harassment offence carries a fine of between S$5,000 and S$50,000, up to five years’ jail and up to six strokes of the cane.
Repeat offenders face a fine of between S$6,000 and S$60,000, between two and nine years in prison and five to 10 strokes of the cane.
“The police have zero tolerance for loanshark harassment activities,” said SPF.
“Those who deliberately vandalise properties (and) cause annoyance and disruption to public safety and security will be dealt with severely in accordance with the law.”
SPF advised members of the public to stay away from loansharks and not to work with or assist them in any way.
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