Briefs
Loan shark arrested in casino debt scheme

The Judiciary Police (PJ) arrested a 39-year-old mainland Chinese man yesterday for operating a high-interest loan scheme targeting gamblers. The victim, a mainland tourist, borrowed HKD100,000 from the suspect on Sunday at a casino in the central district. The loan terms were explained to him in his hotel room: HKD6,000 upfront interest, plus 20% of the winnings from baccarat hands with seven points or higher. The victim’s vehicle, parked in Zhuhai’s Gongbei Port area, was also seized as collateral by accomplices. After losing HKD40,000 to interest deductions, the indebted gambler was then confined to his hotel room before escaping to alert authorities.
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