Law

Arrested 2 loan sharks in Tan Ky district

Hong Hanh - Van Hau January 19, 2025 11:39

Taking advantage of people's urgent need for money, Lang Thi Nam and Nguyen Van Vinh lent money to people in Tan Ky district with interest rates of up to 85,000 VND/million VND/day. When the borrowers were unable to repay the debt, the subjects tried every way to threaten and disrupt security and order in the locality.

On January 19, Tan Ky District Police announced that they were temporarily detaining two suspects, Lang Thi Nam (born in 1991), residing in Tan Hop Commune, and Nguyen Van Vinh (born in 1983), residing in Giai Xuan Commune, Tan Ky District, for lending money at high interest rates in civil transactions, with a total loan amount of more than 7.5 billion VND.

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2 subjects Lang Thi Nam and Nguyen Van Vinh. Photo: Hong Hanh

Previously, through the work of grasping the situation, Tan Ky District Police discovered that Lang Thi Nam had many signs of criminal activities related to the act of lending at high interest rates in civil transactions, and frequently had relationships with subjects with criminal records in the area. After conducting verification, Tan Ky District Police established a special project to fight and clarify the criminal acts of the subject.

After collecting sufficient documents and evidence, on January 14, 2025, Tan Ky District Police broke the case and arrested Lang Thi Nam for the act ofLoan sharking in civil transactions".

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Police took Lang Thi Nam's statement. Photo: Van Hau

During the initial investigation, Tan Ky District Police clarified that Lang Thi Nam had repeatedly lent money to many people in Tan Ky District at high interest rates from 3,000 to 85,000 VND/million VND/day.

When borrowers are unable to repay their debts, the subjects find every way to threaten and disrupt local security and order. From June 2023 to December 2024, Lang Thi Nam lent 5 people in Tan Ky district a total of more than 5.2 billion VND, illegally profiting nearly 1.4 billion VND.

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Evidence seized by the police. Photo: Hong Hanh

Carrying out an expanded investigation, Tan Ky District Police arrested Nguyen Van Vinh for the crime of "Lending high interest rates in civil transactions"..

At the police station, through the struggle, the two subjects confessed to all their crimes. Tan Ky District Police clarified that the total amount of money these two subjects had lent was more than 7.5 billion VND, with illegal profits of more than 1.4 billion VND.

Currently, the project is being expanded.

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Arrested 2 loan sharks in Tan Ky district
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