Previously, through the work of grasping the situation and collecting information from quick loan advertising leaflets, Binh Tan District Police coordinated with Tan Tao Ward Police to inspect and discovered that Tu and Duc had engaged in usury.
The police took Tu and Duc to the place where the loan advertisement flyer was previously posted to remove it.
Searching the residence of these two people, the police seized many debt papers, books, notes of income and expenditure, and daily interest payments. During the investigation, Tu confessed that he and Duc posted flyers advertising loans on many streets.
When a customer contacts, both will evaluate and then disburse. If you borrow 3 million VND, you must pay 120,000 VND/day or 100,000 VND/day within 30 days or 36 days (equivalent to an interest rate of 120%).
By the time he was discovered, Tu confessed to lending money to about 50 people. He admitted to lending money at high interest rates and posting advertisements that damaged the city's appearance.
Previously, on May 6, Ho Chi Minh City Steering Committee 138 directed the Steering Committees 138 of districts, towns, and Thu Duc City to simultaneously launch propaganda campaigns and mobilize people to participate in removing and deleting illegal advertising products.
This move aims to restore urban beauty and eradicate loan sharking networks by distributing and posting flyers advertising quick loans on electric poles and walls of houses.
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