Please take the time to read

Date: Sun, 11/19/2006 - 11:22

Submitted by WHEREAMI?
on Sun, 11/19/2006 - 11:22

Posts: 5263 Credits: [Donate]

Total Replies: 11

Since I have been dealing with the pdls I have come accross some interesting facts during this time. PLEASE take the time to listen to this posdcast
(http://www.pliwatch.org/podcast_060927.html) This is an interview with a FBI agent on the topic of loan sharking.

For loan sharking to occur these four factors must be present:
1. Terms are NOT legally recorded (Sound like RT 66?)
2. Extremely high interest rate, which means interest
rate exceeds 45%
3. Use of THREATS/VIOLENCE to collect on the loan
4. The loan fees exceed $100

Punishment: UP TO 20 YEARS IMPRISONMENT

Steelers1 - Thanks for that info, I went onto the website to lis

Steelers1 - Thanks for that info, I went onto the website to listen..that sounds like most of the internet PDL's and their threats. I have 1 that has threatened me like what it said and I think it is time to turn it over to the FBI..I kept it on my email. Thanks again

lrhall41

Submitted by washred3 on Sun, 11/19/2006 - 11:33

( Posts: 112 | Credits: )

information

Thanks Steelers for that valuable information every one needs to listen. KYSIDE38

lrhall41

Submitted by KYSIDE38 on Sun, 11/19/2006 - 12:24

( Posts: 2477 | Credits: )

Thanks, Steelers1. I can't imagine myself ever risking 20 years

Thanks, Steelers1. I can't imagine myself ever risking 20 years in prison for something like this. It makes you wonder about the kind of people who do. How did you find that?! I book marked that for future reference.