Chinese jailed for lending $790mn in usury in Vietnam
The ring provided loans topping VND20 trillion (US$790 million) at an annual interest rate of 2,346 percent to more than one million people
Source: tuoitrenews.vn
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The ring provided loans topping VND20 trillion (US$790 million) at an annual interest rate of 2,346 percent to more than one million people
A group of Chinese colluded with several Vietnamese people to operate the ring and made illegal gains of over VND8 trillion (US$339 million)