The group lent over 45 billion VND to more than 1.500 people through iCloud iPhone accounts, with interest rates as high as 608% per year.
The group of women lured participants in a rotating savings scheme into borrowing money at interest rates as high as 1% per day, equivalent to over 300% per year, earning billions of dong in profits.
Unable to collect the debt, Binh's group attacked the victim with pepper spray. When the victim resisted, Binh pulled out a gun and fired at him before the whole group got into a car and drove away.
The Ninh Binh Provincial Police have just dismantled a loan sharking ring operating online, including one case where a loan of 1,75 billion VND was repaid with interest of up to 1,5 billion VND.
The group involved in usurious lending practices used sophisticated methods, disguising their business activities at RA68 Company.
A group in Hanoi led by Nguyen Van Tuan lent money to many people in Quang Tri at exorbitant interest rates ranging from 365% to 600% per year through a website.
The 30 best teams in the Data for Life 2025 competition presented groundbreaking data-driven solutions that promise to address many practical problems in life.
From 2023 to the present, Duy, Dung, and Trung's group lent money to many people at interest rates ranging from 240% to 644% per year, illegally profiting more than 10 billion VND.
When customers contact them, the perpetrators request to keep their identification documents, then lend them amounts ranging from 4 to 200 million VND with interest rates reaching nearly 1.600% per year.
Police have arrested three people for organizing usurious lending in Quang Tri and Hue City with exorbitant interest rates ranging from 240% to 644% per year.
The investigation revealed that, in just one year, the group provided loans to 2.598 people in 8.735 transactions, totaling 43,8 billion VND.
A loan sharking ring that charged interest rates of over 300% per year, led by Le Cong Kha, has been dismantled.
The Criminal Investigation Department of the Hanoi City Police has just dismantled a loan sharking ring led by Hai "Le" and is investigating him for a series of crimes.
Tran Van Tai led a group that caused disturbances, engaged in usurious lending, and used coercive tactics such as controlling disputed land and houses, and locking down rental areas, causing a disruption of public order and security.
To collect a debt of 1,4 billion VND, Vi Thi Quynh (a loan shark) forced a couple in Thanh Hoa to strip naked and filmed the act to pressure them into paying the debt.
Green credit is becoming a trend driving energy-saving, renewable energy, and clean technology projects, aiming for sustainable development.
Usurious lending is a serious problem that negatively impacts the economic and mental well-being of many people.
Credit risk is one of the crucial factors that financial institutions, businesses, and individuals need to understand and manage effectively.
Bac Giang police have just dismantled a loan sharking ring that provided loans to over 30.000 people, totaling 70 billion VND, with interest rates 15,9 to 31,4 times higher than the maximum permitted interest rate in civil transactions.
After serving her prison sentence for extortion, Bui My Oanh is now facing legal trouble again, also due to loan sharking.
Do Minh Hai, who ran TM 24H Company and ATM Online Company, engaged in usurious lending, disbursing nearly 4.000 billion VND and collecting over 4.600 billion VND from 738.933 loan transactions.
Bugaevskiy Tymur (Ukrainian national) received orders from his boss to collaborate with Vietnamese individuals to run a series of companies that lent money to hundreds of thousands of people at interest rates as high as 2.000% per year.
A European kingpin who ran three illegal lending companies, along with 12 other defendants, have been prosecuted by authorities in Ho Chi Minh City for the crime of lending at exorbitant interest rates in civil transactions.
If borrowers fail to make payments on time, this loan shark gang will call or go to their homes to verbally abuse them and force them to pay.
A loan shark group in Ho Chi Minh City forced the girlfriend of a debtor to sign a loan agreement for 1,8 billion VND and pay the debt on his behalf.
Wang YunTao and his accomplices hired Vietnamese people to register a series of companies under their names, claiming to engage in various business activities, but in reality, they were operating usurious lending schemes.
Using the tactic of accepting assets as collateral for loans, Huan lent money to many people at interest rates ranging from 3.000 to 5.000 VND per 1 million VND per day (equivalent to 108-180% per year).
Enraged by a call claiming he was wanted, the man reported it to the police and was shocked to learn he was indeed wanted for fraud.
Vo Thi Thanh Nga lent money to others using the "standing money" method, with an interest rate of 0,4% per day, equivalent to 146% per year (7,3 times higher than the regulated interest rate).
Tai's group lent money to people at interest rates as high as 360% per year. If debtors failed to repay, Tai would threaten them with a gun and then beat them up.
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