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Police Bust Major Loan-Sharking Ring in HK | Hong Kong News
Police in Hong Kong have arrested 127 individuals in a major crackdown on a loan-sharking operation in Sham Shui Po, following six months of undercover work. The syndicate, led by a Vietnamese woman, targeted vulnerable compatriots with high-interest loans, sometimes up to 3,700%. Raids on eight locations uncovered over two million Hong Kong dollars in illicit gains, including luxury items and card-forging equipment. The operation highlighted severe community issues, including threats and www.TheDailyNewsNow.com This is an automated, high-level news summary based on public reporting and…
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