Illegal profit of nearly 400 million VND from lending at 252% interest rate/year

An Phu DNUM_BDZAJZCACB 15:43

(Baonghean.vn) - Vi Thi Nga lent many people a total amount of over 10 billion VND with an interest rate of 5 million VND/100 million VND/week (252%/year).

On September 13, Lieutenant Colonel Vi Xuan Thuy - Deputy Head of the Investigation Police Agency, Quy Chau District Police said that they arecriminal detentionsubject Vi Thi Nga to investigate and clarify the act of "Lending at high interest rates in civil transactions".

Subject Vi Thi Nga at the investigation agency. Photo: An Phu

Accordingly, after a period of establishing a special project, on September 9, 2021, in Chau Tien commune, Quy Chau district, Quy Chau district police successfully broke up a special project to combat usury crimes, arresting Vi Thi Nga (born in 1975), residing in Ban village, Chau Tien commune, Quy Chau district for the act of "Lending usury in civil transactions".

During the investigation, it was initially determined that at the time of her arrest, Vi Thi Nga had lent many people a total amount of over 10 billion VND with an interest rate of 5 million VND/100 million VND/week (252%/year), illegally profiting over 368 million VND.

The case is currently under further investigation to clarify the actions of Nga and related subjects.

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Illegal profit of nearly 400 million VND from lending at 252% interest rate/year
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