CIB cracks down against loan-sharking operators

The CIB launched a massive operation on Thursday after a long investigation, sending detectives and officers to raid 16 premises simultaneously, during which weapons — including knives and air guns — account books and name lists of their alleged loan-sharking victims were seized, the officials said.

The officials said the suspects ran an operation using a taxi company as a front. Taxi drivers who could not repay their debts were forced to work for the cab company, they said, adding the cabbies were not allowed to take a day's rest even during Chinese New Year Eve.

The victims were often beaten, living and working under constant threat of violence, the CIB officials said.

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