Hong Kong police have arrested 25 individuals, some as young as 13, for their involvement in a loan shark syndicate. The group allegedly provided HK$200 million in loans over the past year, charging exorbitant annual interest rates of up to 282%. To enforce repayment, teenagers were recruited via social media to intimidate debtors with threats and vandalism. AI
RANK_REASON This is a law enforcement action against a criminal organization, not a core AI development or industry event.
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