Tag Archives: Corruption in Japan

Loan shark victims decline 26%

The National Police Agency said Thursday that 24,515 people were victimized by loan sharks in the first half of this year, down 25.8 percent from a year earlier, with total damage suffered down 35.3 percent, to about ¥4.2 billion, amid an enhanced crackdown.

Police processed 336 suspects in 199 such cases in the January-June period, while the NPA provided financial institutions with 9,959 items of information, up 123.0 percent, on accounts suspected to have been used in loan shark cases to be frozen, it said.

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