After lending money to a high school student I used to know, a lot of people were caught by the police after collecting high interest rates of over 2,000% a year.

The Seongnam Jungwon Police Station in Gyeonggi Province announced today (16th) that it had arrested three people, including Mr. A, on charges of violating the Act on the Protection of Financial Users and Registration of Loan Business, and booked 21 people including Mr. B without detention and sent them to the prosecution. .

From February 2019 to June last year, Mr. A, whom he had known, such as seniors and juniors in society, lent a total of 5.5 million won to group C, who was a high school student at the time, from 200,000 to 800,000 won per person, for a total of 5.5 million won, 40% per week (2 per year) 1886%), and is charged with receiving a total of 21 million won.

They are also accused of extorting an additional 17 million won from a loan company after threatening C.

It is said that Army C was not able to ask for help from those around him because he borrowed money from Mr.

After receiving a small loan, the police arrested Mr.

As a result of the investigation, it was found that Mr. A and others took out money by making loans at a high interest rate of 20-30% per week to new social workers in addition to group C.

After expanding the investigation, the police arrested 18 more financial crimes against the vulnerable in addition to 24 people, including Mr. A, and arrested two of them with serious charges.

Among the arrested suspects, there was a case of illegal usury, kidnapping and assaulting a debtor who did not repay the loan within the due date, and robbing a cell phone.

In addition, some were arrested on charges of defrauding female college students and others by tricking them into accepting loans by deceiving them by saying, "If you get a loan from a financial institution we designate, you can get a loan by 10 to 15% of the effort."

A police official said, "We will strictly respond to the detention investigation against the illegal debt collection action against the vulnerable."

(Photo = Yonhap News)