Event Brief
Hong Kong police arrest 25 in loan shark ring
Filed: Aug 06, 2026 at 1:09 AM ET
Summary: Hong Kong police arrested 25 people in a crackdown on a loan shark syndicate charging up to 282% interest.
WHO: Hong Kong police
WHAT: Arrested 25 people in a crackdown on a loan shark syndicate charging annual interest rates up to 282%.
WHEN: Aug 06, 2026 at 12:45 AM ET
WHERE: Hong Kong
WHY: The arrests followed police action against a loan shark syndicate that extended no-vetting loans and charged high interest rates.
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