Second loan-sharking ring identified in Manila

Another loan sharking syndicate operating in Metro Manila’s casinos has been identified by Philippine authorities, the Inquirer reports.

PNP chief, Ronald “Bato” dela Rosa made the announcement during a press conference on Thursday, only a few days after 43 members of a high-roller kidnapping ring were busted by police.

The second group is understood to be headed by a Chinese national, with compatriots of Singaporean and Chinese descent, said Dela Rosa.

Senior Supt. Glenn Dumlao, head of the PNP Anti-Kidnapping Group (AKG) said a follow-up operation is planned for the second group.