loan sharking

Smoothie shop owner ran loan sharking operation

Smoothie shop owner ran loan sharking operation

VnExpress
Lam Thi Thu Em, 54, used her smoothie shop as a front for a loan sharking operation with interest rates up to 360% per year; most of her customers came to make payments, not buy drinks.
5 loan sharks arrested in Lam Dong

5 loan sharks arrested in Lam Dong

VnExpress
A couple and their accomplices are accused of lending over 130 billion VND at exorbitant interest rates, forcing borrowers to transfer property ownership.