Arrest of long-time drug addict specializing in loan sharking
(Baonghean.vn) - Do Luong District Police (Nghe An Province) have just broken up a case and arrested a subject specializing in lending money at high interest rates. Initial evidence shows that over a period of about 18 months, the subject lent money to hundreds of people at high interest rates, illegally earning more than 500 million VND.
Previously, implementing the direction of the Provincial Police Department on strengthening the prevention and combat of loan sharking crimes, Do Luong District Police directed professional teams to strengthen the work of grasping the situation, staying close to the grassroots, and coordinating with the Commune Police to mobilize the masses to denounce crimes.
In early January 2022, many people accused Nguyen Trong Nam (born in 1994), residing in Bai Son commune, Do Luong district, of having signs of committing the crime of "Organizing gambling" and lending money at high interest rates in the style of "Black credit". This is also a criminal subject who has long been in the "sights" of the district police.
Through information provided by the people and by professional measures, at 9:30 p.m. on January 27, 2022, Do Luong District Police mobilized 15 officers divided into three groups to surround, arrest and search the house of Nguyen Trong Nam, seizing 01 mobile phone, 03 notebooks, many loan papers and other evidence related to the activities.black credit.
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| Subject Nguyen Trong Nam. Photo: Hong Ngoc |
Faced with the documents collected by the Investigation Police Agency of Do Luong District Police, the subject Nam confessed to the entire process of committing crimes related to his loan sharking activities.
Accordingly, taking advantage of the economic difficulties of many people in the area, Nguyen Trong Nam lent them money at an interest rate of 4,000 VND to 5,000 VND/million/day. When the interest payment deadline came and the borrowers could not pay on time, the subject often used junk SIM cards to text, call, post on Facebook to threaten and curse the borrowers to put pressure. If anyone owed money and could no longer pay, the subject often asked to mortgage or transfer assets to clear the debt.
Nam often conducts loan transactions over the phone. Borrowers and those who pay interest must call in advance to make an appointment. Only when they feel safe will he meet them to conduct the transaction. Transaction times are usually from 7:00 p.m. to 9:00 p.m. every day. When delivering and receiving money, he often has someone on guard. All transactions take place indoors and Nam always locks the door to avoid detection by authorities.
Initially, the Investigation Police Agency of Do Luong District Police proved that: From the beginning of June 2020 until the time of his arrest, Nguyen Trong Nam had lent many individuals a total amount of 3 billion VND with interest rates from 4,000 VND to 5,000 VND/million/day; illegally profiting more than 500 million VND.
Nguyen Trong Nam is a long-term drug addict and has a criminal record for intentionally causing injury. Currently, the Investigation Police Agency of Do Luong District Police has decided to temporarily detain Nguyen Trong Nam to continue the investigation, expand the investigation, consolidate the case file, and strictly handle him according to the law./.
