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Police uncover loan sharking operation

During an investigation into illegal loan sharking, the police have uncovered two separate cases at the same illegal hotel, rescuing two gamblers and arresting four mainland men guarding them. Authorities are examining whether the two groups are conn


  • Dec 04 2024
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Police uncover loan sharking operation
Police uncover loan sharking operation

During an investigation into illegal loan sharking, the police have uncovered two separate cases at the same illegal hotel, rescuing two gamblers and arresting four mainland men guarding them. Authorities are examining whether the two groups are connected and are pursuing other suspects. One victim borrowed HKD50,000 and was held for eight hours, while another was trapped for 31 hours under similar circumstances. The victims were charged interest of HKD14,000 and HKD8,000, respectively. The arrested individuals claimed they were paid HKD500 each to monitor the victims. The police have informed the tourism bureau to close the establishment.

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