Arrest of inter-provincial loan shark group, mentally terrorizing 'debtors'

On December 18, the Criminal Police Department of Quang Nam Province Police said that it had just coordinated with Thanh Hoa Province Police, Da Nang City Police and professional units of Quang Nam Province Police to simultaneously launch a campaign to arrest a group of loan sharks in civil transactions, including Nguyen Chi Tam (born in 1989, residing in Dong Da District, Hanoi), Nguyen Tan Minh Quan (born in 2001, residing in Lac Thuy District, Hoa Binh Province); Nguyen Tuan Anh (born in 1989) and Le Huu Dat (born in 2001, both residing in Quang Xuong District, Thanh Hoa Province) and their accomplices.

4 subjects were arrested. (Photo: CA)

Initial investigation results determined that from October 2024 to present, this group of subjects has lent nearly 450 people in the provinces of Thua Thien - Hue, Quang Nam, and Da Nang City a total amount of more than 6 billion VND (with interest rates from 120% - 360%/year).

The lenders lend money in short cycles of 23 - 25 days. At the end of the loan period, if the principal and interest have not been paid in full, the lenders will create a new loan. The borrower will have to pay compound interest, and the loan amount will increase.

This is a group of subjects operating in many provinces, professionally with sophisticated tricks. The subjects operate in many places, assigning specific areas to each subject for monitoring and management. When the borrower is late in paying or runs away, the group will gather and work together to find the "debtor" to terrorize them or edit their images to post on social networks in order to collect money.

When hearing "motion" or losing contact with each other, the subjects immediately disperse and go elsewhere.

It is known that Nguyen Chi Tam and Nguyen Tuan Anh were previously prosecuted by authorities for "loan sharking" and have just completed their sentences in their locality.

Unified

Source: https://vtcnews.vn/bat-nhom-cho-vay-nang-lai-lien-tinh-khung-bo-tinh-than-con-no-ar914628.html