Macau & Hong Kong police arrest loan shark group taregting gamblers

A cross-border criminal syndicate targeting Macau gamblers, particularly those from Hong Kong, was busted by police from Macau and Hong Kong working together on a loan shark scheme.

According to investigations, the syndicate had been active in Macau and Hong Kong in recent years, lending money to gamblers in Macau—especially those from Hong Kong.
If a borrower lost their money, it was covertly transferred to Hong Kong and they were made to repay twice as much as they had borrowed. Threatening and coercive measures were used against those who did not repay the debts.
 
Well , they were actually banking on the needs of the people wit strong intent , and they must be having security in the form of liquid collateral of almost at least 140% from such people before giving them any funds to play in casinos actually indeed
 
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