Online unsecured loans with exorbitant interest rates up to 730%/year
On June 2, Hai Duong Tinh Police informed that the investigative police agency of Hai Duong province had just issued a decision to prosecute a criminal case and prosecute the accused against Vuong Van Khai (SN 1995, residing in the area). Khue Lieu, Tan Hung ward, Hai Duong city, Hai Duong province) to investigate the behavior loan heavy profits in civil transactions.
According to the investigation results of the Department of Cybersecurity and High-Tech Crime Prevention of the Provincial Public Security, from May 2020, Vuong Van Khai started using an account registered on the website https://www.morman .vn to lend money to others in the form of unsecured, interest rates range from 2,000 to 20,000 VND/1 million/1 day (73%/year to 730%/year respectively).
Up to the time of being discovered and prosecuted, Khai had performed more than 200 loan contracts with a total amount of more than 5 billion dong, all in the form of daily interest loans. Among them, there are 192 contracts with interest rates above 100%/year. Once every 10 days, the subject collects money in the form of bank transfer or cash.
The case is currently being investigated by the Provincial Police.
at Blogtuan.info – Source: cafebiz.vn – Read the original article here
