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loan shark

Latest news related to loan sharking

Cho vay lãi nặng 360%/năm, gã đàn ông bị bắt khi ép 'con nợ' ký giấy

Loan sharking at 360%/year, man arrested for forcing 'debtor' to sign paper

In a short time, by lending at high interest rates, Hoang illegally profited hundreds of millions of dong. When the "debtor" was unable to pay, the subject forced him to sign a loan agreement.

Pawn shop owner arrested for operating loan sharking line with 360%/year interest rate

Under the guise of opening a pawn shop, Toan recruited many tattooed juniors to run a loan sharking ring with interest rates up to 360%/year, illegally profiting billions of dong.
Arrested 2 loan sharks in Tan Ky district

Taking advantage of people's urgent need for money, Lang Thi Nam and Nguyen Van Vinh lent money to people in Tan Ky district at interest rates of up to 85,000 VND/million VND/day. When the borrowers were unable to repay the debt, the subjects found every way to threaten them, causing insecurity and disorder in the locality.

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