Loan sharks are unlicensed moneylenders who lure people in with quick cash offers but charge extremely high interest rates. What may seem like a small, short-term loan can quickly spiral into ...

The chairman of a private Turkish bank was detained after authorities accused him of “loan sharking” and money laundering. Istanbul’s chief prosecutor said it had “strong criminal suspicion” that Q ...

LAGOS – The Federal Government has launched an investigation into the activities of so-called “sharp-sharp” loan operators following allegations of widespread violations of customers’ data privacy.

A loan shark organization of 32 members, who provided ultra-short-term, high-interest loans using family and acquaintances’ contact information as collateral and then threatened the families and ...

Nigeria's NDPC is investigating loan shark operators over alleged data privacy violations, including accessing contacts and ...