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12 Hongkongers arrested in crackdown on gangs allegedly harassing people to collect debts

  • Suspects linked to 18 debt-related criminal damage and intimidation cases involving HK$5.4 million in loans, investigations reveal

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Police have arrested eight men and four women in a crackdown on illegal debt collection gangs. Photo: Shutterstock

Hong Kong police have arrested 12 people in a six-day crackdown on illegal debt collection gangs accused of splashing red paint on buildings and making threatening phone calls over outstanding loan payments.

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Inspector Lam Kin-yu of the Wong Tai Sin anti-triad squad said the suspects were detained in a series of raids between Friday last week and Wednesday.

They were linked to 18 debt-related criminal damage and intimidation cases in Wong Tai Sin and Sai Kung, involving HK$5.4 million (US$691,497) in loans, he said on Thursday.

“Eleven were the registered owners of SIM cards and the remaining one allegedly worked as a debt collector,” Lam added.

He said investigations revealed some of the suspects were paid up to HK$1,000 each to carry out these crimes.

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According to police, victims in need of emergency funds borrowed money from finance companies.

“When these victims were unable to repay on time, so-called action teams from the finance companies were deployed to their homes, workplaces or the residences of their friends and relatives to collect the money,” Lam said.

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