Nghe An police seized many red books and savings books at the home of a loan shark.
(Baonghean.vn) - Nghe An Provincial Police Department has just initiated a case and prosecuted Tran Xuan Vy (76 years old), residing in Block 2A, Dung Town, Thanh Chuong District, to investigate the act of lending at high interest rates in civil transactions.
Vy has been in the pawnshop and loan shark business for nearly 10 years with many sophisticated tricks.usuryLegalized by normal loan contracts and transactions, often drafted and signed with fake content to conceal illegal interest rates, authorization contracts, property mortgages...
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| Authorities work with suspect Vy. Photo: Hai Viet |
After a period of collecting documents and evidence, the Drug Investigation Police Department of Nghe An Province Police arrested and searched the residence of Tran Xuan Vy for the act of lending at high interest rates in civil transactions.
Through that, 380 million VND, 12 savings books with a total value of about 2.4 billion VND, many land titles as mortgaged assets of borrowers along with many books and documents related to lending were confiscated.
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| Some evidence of the case. Photo: Hai Viet |
Currently, the Investigation Police Agency of Nghe An Province has initiated a case and prosecuted Tran Xuan Vy for the act of lending at high interest rates in civil transactions to strictly handle him according to the provisions of law.