A Chinese court has sentenced 14 members of a roving band of elderly female debt collectors to as many as 11 years in jail, in the latest sign of the country’s clampdown on informal channels of lending.
A court in the mountainous province of Henan this week found that members of the “granny gang”, as local media dubbed them, used loudspeakers to publicly cajole and intimidate borrowers into paying up.
The women, aged 50 to 70, were found guilty of engaging in “provocative and disturbing behaviour” that resembled “participating in gangster-like organisations”.
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