In accordance with the above information CAND, Zingnews.vn, On Could 27, Hanoi police arrested Liu Dan Yang (30 years outdated, Chinese language nationality, quickly residing in Cau Giay district), to make clear the position of the chief of the excessive curiosity mortgage line by way of the appliance. cellphone.
Along with Liu Dan Yang, the Prison Police Division of the Hanoi Public Safety Division additionally detained Nguyen Quang Vu and 19 different individuals to research the acts of lending heavy curiosity in civil transactions and expropriating property.
By means of investigation, in 2017, Li, then a director of a expertise firm in China, employed Liu Dan Yang to Hanoi to work because the Director of YooPay Vietnam Firm, based mostly in Co Nhue 2 ward, Bac Tu district. Liem.
To assist the above expertise firm function and promote for 3 cellphone lending software program in Vietnam, Li agreed to pay Yang 50 million VND per 30 days.
Throughout his work, Liu Dan Yang employed Nguyen Quang Vu (35 years outdated, from Ha Tinh province) as deputy director of the corporate to handle and function a whole bunch of workers. Underneath Yang and Vu is a personnel equipment with almost 300 individuals together with administrative workers, finance and accounting workers, mortgage appraisal, debt assortment and market growth. This group operates in Hanoi, Vinh Phuc and Thai Nguyen.
Since 2019, Liu Dan Yang and Vu’s line has attracted greater than 1 million accounts to put in mortgage functions on telephones.
To be disbursed, debtors want to supply private data, a photograph of CCCD or ID card with a portrait photograph. Then, they should mortgage with the cellphone guide of relations and pals to get a mortgage.
After the due diligence is accomplished, the working staff will switch the quantity in response to the debtor’s wants. Curiosity is lower off instantly upon disbursement. Debtors of 1 million VND will solely obtain 700,000-750,000 VND. In 3 years, this transnational black credit score line has transacted a complete quantity of almost 1,000 billion VND.
Within the occasion that the borrower is unable to pay, Liu Dan Yang and Vu’s staff will mobilize a staff to gather debt by threatening, terrorizing the debtor’s cellphone or individuals named within the contacts.
Some victims additionally had their private footage lower and posted on social networks to smear their honor. Those that are late to repay the mortgage could also be charged curiosity as much as 2,000%/yr.