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Snapchat loan shark used 'cruel tactics' to pocket £140,000 from victims

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dailyrecord.co.uk

social media has been jailed for 16 months, investigators said. Over a 22-month period, Rovin Mavunga charged interest rates of almost 100 per cent on loans and pocketed £140,000 in repayments.

The 24-year-old targeted vulnerable people, threatening them with violence when they missed repayments, according to England Illegal Money Lending Team (IMLT).

Sheffield Crown Court heard the Yorkshire loan shark ran an “organised, sophisticated and profitable illegal business," Manchester Evening News reported.

Read more on dailyrecord.co.uk
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