A loan shark syndicate recruited young Hongkongers through chat groups to vandalise debtors’ homes with red paint and paid them up to HK$1,000 (US$127) per job, police said on Thursday after arresting 22 people, including key gang members and four teenagers, on suspicion of illegal lending and intimidation. In an operation conducted between June 16…
Hong Kong police have broken up a loan shark syndicate that charged 5,000 borrowers annual interest rates of up to 100 per cent or more, with the operation leading to the arrest of 24 people as young as 12 years old. The force said the syndicate targeted potential customers randomly through cold calls and text…
Hong Kong police have broken up a loan shark syndicate that charged 5,000 borrowers annual interest rates of up to 100 per cent or more, with the operation leading to the arrest of 24 people as young as 12 years old. The force said the syndicate targeted potential customers randomly through cold calls and text…