Loan shark who charged 8,000% interest rate jailed for four years

loan shark who preyed on the sick and poor, charging interest rates of up to 8,000 per cent, has been jailed in the first case of its kind.

Mark Johnson earned more than £800,000 from lending money at extortionate rates to vulnerable people on benefits, then threatening them when they could not pay up. He used the proceeds to buy a Pors-che and a BMW and was buying a £500,000 house when he was arrested.

http://news.independent.co.uk/uk/legal/article301890.ece

Re: Loan shark who charged 8,000% interest rate jailed for four years

I'll be back!

Re: Loan shark who charged 8,000% interest rate jailed for four years

They wont let you out...you threatened to take a lil ole lady's TV..... you are evil!

Re: Loan shark who charged 8,000% interest rate jailed for four years

Lizzy_Dizzy, be afraid, be very afraid. I am after your Ipod.

Re: Loan shark who charged 8,000% interest rate jailed for four years

My Ipod thingybob type thingy was taken away by man wearing a dress and when he returned it the songs were wiped clean away

am very mad at him and wish him lots of nastyness in a nice kinda way!

therefore you cant have my ipod, you can have an old cassette player

Re: Loan shark who charged 8,000% interest rate jailed for four years

:eek: how long ago was that?

i like dresses (in the comfort and privacy of my home) :blush: .

Re: Loan shark who charged 8,000% interest rate jailed for four years

its a terrible story and i dont want to be reminded about it...makes me sad.

What type of dresses do you wear...do you prefer bold print and large flowery design or the more conservative type....

Marks and spencers are having a sale...I'll try to find you a link.

Re: Loan shark who charged 8,000% interest rate jailed for four years

I like black and lacy, a bit daring but not vulgar.

Marks and Spencers? and items on sale, no thanks :snooty:

Re: Loan shark who charged 8,000% interest rate jailed for four years

snob!

Re: Loan shark who charged 8,000% interest rate jailed for four years

oh oh oh :eek: :eek: :eek:

man wearing a dress= a (not so) noble man from arabia?

:bummer: , things are beginning to make sense.

Re: Loan shark who charged 8,000% interest rate jailed for four years

8000% APR! wow I better should start dis banya-geeree !

Re: Loan shark who charged 8,000% interest rate jailed for four years

you can go into competition and charge a mere 7950% take his customers away from him whilst they are in prison

the article says that one man borrowed 500 and paid back 22000

Re: Loan shark who charged 8,000% interest rate jailed for four years

ahan! good idea! I will name my dot com company Luteera.com

now working on adevrtisment jingle "who takes from you extra... we! we! we! we do"

Re: Loan shark who charged 8,000% interest rate jailed for four years

And you are upset…because you didnt get any handouts… hence the post.
I say bravo, entrepreunal thinking. I feel bad that he was jailed. Lets hold a protest in Hyde Park.

Re: Loan shark who charged 8,000% interest rate jailed for four years

i posted because I was bored....you gupshuppers arent aaround in the mornings...lazy beggers...bet youre all in bed

anyway re you protest in hyde park, can you make sure no brings rucksacks

Re: Loan shark who charged 8,000% interest rate jailed for four years

^^ Doll only south asian brownies do that type of stuff. We the Bosnians are more european and a lot more civilized. Piss us off and we just dig mass graves and bury a whole lot, say the ina lilla and move on with our lives.

Re: Loan shark who charged 8,000% interest rate jailed for four years

^^^ man with an unpronouncable name...you are scary!
but with you being white skinned you have fulfilled all the criteria for being beautiful therefore I shall forgive you.

ps... forget about the Ina Lilla

do the hokey cokey...its a lot more fun!

Re: Loan shark who charged 8,000% interest rate jailed for four years

How about the hokey **pokey. **That I can guarantee would a lot more fun than cokey, provided FOG is not at play.

Re: Loan shark who charged 8,000% interest rate jailed for four years

I guess thats a bosnian serby type thing. if its your culture then well hmmmnn.....

Re: Loan shark who charged 8,000% interest rate jailed for four years

^ hey pokey keeps you warm and gives you the fuzzies.