Detained man for loan sharking and illegal profiteering in Vinh city
(Baonghean.vn)- Vinh City Police are temporarily detaining Tran Dung (born in 1986), residing in Vinh Tan Ward, Vinh City, to investigate the act of lending at high interest rates in civil transactions.
Before being detained, the violation of Tran Dung was discovered by the Economic and Position Crime Investigation Police Team (Vinh City Police), who collected many documents showing that the subject had given many peopleloan shark, including many civil servants, business people and traders.
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| Police seized many documents on loan sharking. Photo: Binh Minh |
On June 9, at Quang Trung block, Vinh Tan ward, Vinh city, the authorities broke up a case and arrested Tran Dung for lending money at high interest rates in civil transactions.
At the suspect’s residence, the police seized many documents related to loan sharking activities. To cover up the authorities, Dung opened a self-drive motorbike rental shop in Ben Thuy Ward, Vinh City, which was also the location where he combined loan sharking activities.
Initially, the subject was identified to have been operating loan sharking since the end of 2019, with an amount of more than 1 billion VND, the loan interest rate agreed upon by the subject with the borrower was from 120% - 250% / year, illegally profiting hundreds of millions of VND.
