Illegal Loan Sharking Cases Surge in South Korea, Targeting the Young and Vulnerable

SEOUL, Sept. 5 (Korea Bizwire) — Illegal private lending and debt collection crimes in South Korea have more than doubled in the past three years, with authorities warning that exploitative lenders are increasingly preying on financially vulnerable groups such as young job seekers. According to data released Thursday by Rep. Han Byung-do, violations of lending [...]