“Catch “fierce lady” for lending with “throat-slitting” interest rates of up to 1,128% per annum”

Nguyen Thuy Hang has lent money to many people with "exorbitant" interest rates ranging from 110.6% to 1,128%, primarily to acquaintances and friends.

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On March 13, the Police of Cam Pha City (Quang Ninh province) announced that they have decided to temporarily detain Nguyen Thuy Hang (born in 1989, residing in Ward 5, Hoa Lac Ward, Cam Binh Ward, Cam Pha City) for her involvement in usurious lending in civil transactions.

Nguyen Thuy Hang at the police agency

According to preliminary investigation results, the police have determined that from 2023 until now, Hang has lent money to many people with interest rates ranging from 110.6% to 1,128%, with a total loan amount of nearly 1.4 billion VND and an illicit profit of over 180 million VND.

The lending was done under the form of “vay bat ho” and urgent loans, mainly targeting acquaintances and friends of Hang.

Currently, the case is being further investigated by the Criminal Investigation Agency of Cam Pha City Police to clarify the details and handle it according to the provisions of the law.

Tr. Duc