Loan shark who 'drove single mom to suicide' jailed for 4 years

A private lender was sentenced to four years in prison on Wednesday, with the court ruling that his repeated threats against a single mother in debt to him had caused her suicide. The Seoul Northern District Court found the defendant, surnamed Kim, guilty of violating the Act on Registration of Credit Business and Protection of Finance Users, the Fair Debt Collection Practices Act and other related laws. The court also ordered the seizure of 7.17 million won ($4,853) in illegal profits. Kim was

By The Korea Herald