Police Arrest 127 as Undercover Operation Smashes Sham Shui Po Loan-Sharking Syndicate
6 Articles
6 Articles
Police have dismantled a non-Chinese criminal syndicate active in West Kowloon, arresting 127 people, including 10 ringleaders and key members. They are suspected of multiple offenses, including conspiracy to commit loan sharking and operating a loan sharking association. The seized proceeds of crime include over HK$2 million in cash and valuables. Police stated that those arrested are aged between 23 and 92, and they used hometown associations.…
Hong Kong police arrest 127 in Vietnamese-led loan sharking syndicate - VnExpress International
Hong Kong police have arrested 127 people in a crackdown on a Vietnamese-led syndicate suspected of loan sharking, illegal gambling, unlicensed bars, and providing accommodation and jobs to illegal immigrants. - VnExpress International
Hong Kong police have arrested 127 people involved in a loan sharking ring charging interest rates as high as 3,700% per year.
[Cable News] Police have busted a loan sharking syndicate operating under the guise of hometown associations and grocery stores. The syndicate, run by Vietnamese nationals, profited by recruiting fellow countrymen to lend money. (Operation)
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