Tag: "loan shark"
Vietnam busts Ukrainian-led loan shark operation with 2,000% annual interest

Vietnam busts Ukrainian-led loan shark operation with 2,000% annual interest

Vietnam News 15:10 09/04/2024

The Ukrainian mastermind behind this racket already fled the country

Vietnam police break up loan shark ring demanding nude photos as collateral

Vietnam police break up loan shark ring demanding nude photos as collateral

Vietnam News 11:35 10/10/2021

The ring charged interests of up to 365 percent a year

Vietnam police bust loan shark rings charging yearly interest of up to 720%

Vietnam police bust loan shark rings charging yearly interest of up to 720%

Vietnam News 12:40 04/09/2020

The two groups of illegal lenders had lent their money to nearly 500 people from April to August 2020

Saigon police bust Chinese-led ring operating loan shark apps with over 60,000 debtors

Saigon police bust Chinese-led ring operating loan shark apps with over 60,000 debtors

Vietnam News 16:44 21/04/2020

Two Chinese citizens and three Vietnamese were arrested

Chinese, Vietnamese suspects nabbed for loan-sharking on mobile apps

Chinese, Vietnamese suspects nabbed for loan-sharking on mobile apps

Vietnam News 16:47 18/09/2019

Loans offered on the apps have an interest rate of four percent per day if the debts are not cleared within the first six days

Loan sharks terrorize debtors with few keyboard strokes in Ho Chi Minh City

Loan sharks terrorize debtors with few keyboard strokes in Ho Chi Minh City

Vietnam News 20:01 05/07/2018

Loan sharks can charge an annual interest rate of up to 300 percent

​Hollywood-like violence flares over debt recovery in northern Vietnam

​Hollywood-like violence flares over debt recovery in northern Vietnam

Vietnam News 20:38 13/05/2018

The weapons include a gun, swords, knives and metal bars

​Multiple firearms seized as loan shark nabbed in southern Vietnam

​Multiple firearms seized as loan shark nabbed in southern Vietnam

Vietnam News 15:02 19/08/2017

The man had disguised his usury business as a credit firm