Usury case unveiled in Heraklion

According to Police’s preliminary investigation, a 48 year old man seems to be responsible for usury against three other men (aged 50, 50 and 58).

From January 30, 2011 until October 2014, he managed to achieve 18 non-bank loan agreements with them, with a total cost of 110,000 euros and 21,000 euros plus as bank interests.

Police officers searched his house and found several documents of those loan agreements.

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