9X from Thanh Hoa to Hue “starting a business” lending 451% interest, paying commissions for referrals
On March 23, Hue City Police (Thua Thien Hue province) has just temporarily detained criminal Nguyen Xuan Son (SN 1997, living in Tho Xuan district, Quang Ninh province). Thanh Hoa) to investigate usury behavior.
According to the investigation, in February 2022, Son moved from his hometown to Thua Thien Hue to rent a house and “starting a business“by the profession of lending money with high interest rates. Son prints money-lending flyers with a quick procedure within 15 minutes, simple, secure, reputable and pays commissions to the referrer with contact phone number. paste it and spread it in public places.
Nguyen Xuan Son confessed to the case at the police station
For those who need a loan, Son verifies the borrower’s residence, identity papers, books, and documents about the borrower’s assets, then lends from 3 to 20 million dong each in a cycle of 25 to 30 days.
In particular, any case of late payment will be subject to debt collection, curses, insults, threats, mental terror…
Son’s money lending flyer
At the police station, Son confessed that from February 2022 to the time of his arrest, Son had lent money to 30 people with a total amount of 344 million VND, lending interest rates from 282% to 451%/year, earning a profit. more than 51 million dong.
The case is being further clarified.
Law & Readers
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
