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Loan shark |
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Loan shark Someone who issues loans with interest rates above the maximum legal level, often thought to come with threats from the lessor. Loan sharks typically are associated with organized crime, but this is becoming more rare with the emergence of regulated methods that accompany high-risk loans such as subprime and payday lender. See: Usury Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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Operation Crooked House" was a two-year investigation by prosecutors and state and city police into alleged illegal gambling and bookmaking, loansharking, extortion, and attempts to corrupt the police. His position may have become untenable after the most recent scandal to emerge--the gunning down of a Limassol police officer who was later linked to loansharking and dealings with mob figures. The family's crimes are believed to include labour and construction racketeering, loansharking, extortion, drug trafficking, money laundering, prostitution and murder for hire. |
loansharking |
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