Bank employee lends 10 billion VND to businesswoman with high interest rate
Bank employees colluded with outsiders to lend a businesswoman in Ho Chi Minh City 10 billion VND at high interest rates.
On December 31, the Criminal Police Department - Ho Chi Minh City Police announced that it had just launched two special projects, destroying two loan shark gangs operating in the area.
In which, the police arrested a gang of 4 people led by Nguyen Hong Long (27 years old, living in District 6).
According to the investigation, Long hired juniors such as Ha Ngoc Thinh (24 years old), Luu Thanh Tuan (20 years old), Le Van Hieu (46 years old)... with a salary of 8 - 10 million VND/person/month, to do the task of debt collection. Long's gang was identified as a loan shark, with an interest rate of 540%/year.
When borrowers failed to pay on time, Long instructed his underlings to send threatening messages and phone calls, then throw paint and dirty substances into the house. They even threw paint and shrimp paste into the neighbor's house to pressure the borrowers and extort their property.
Police determined that Long's group has been operating since 2022. They threw paint and dirt on the houses of several residents in District 6.
In another case, the Criminal Police Department clarified a loan sharking case involving a bank employee.
Specifically, Nguyen Thi Ngoc Yen (33 years old, a credit officer at a bank in Ho Chi Minh City) colluded with Tran Quoc Huy (34 years old, from Dong Thap) to lend a businesswoman named H. 10 billion VND. The police clarified that the interest rate of this loan was 150%/month and Yen and Huy illegally profited 3 billion VND from Ms. H.
The police arrested Yen and Huy to investigate the act of "Loan sharking in civil transactions".
Currently, the Criminal Police Department is expanding the investigation into the above two cases.
