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Pandemic Spawns New Kind of Loan Shark

A new breed of loan shark is exploiting the coronavirus pandemic by preying on people who find themselves in financial dire straits. The lenders target victims on social media and use sophisticated techniques to saddle them with massive debts. Shady operators also encourage people to make fraudulent applications for coronavirus subsidies from the government. We ask some experts what people can do to protect themselves from these financial predators.

English
  • Originally Aired September 11, 2020
  • Network NHK
  • Created March 18, 2021 by
    Administrator admin
  • Modified March 18, 2021 by
    Administrator admin