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loansharking

   Also found in: Legal, Financial, Wikipedia 0.01 sec.
loan·shark·ing  (lnshärkng)
n. Informal
The practice of lending money at usurious, often illegal interest rates.


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Operation Crooked House" was a two-year investigation by prosecutors and state and city police into alleged illegal gambling and bookmaking, loansharking, extortion, and attempts to corrupt the police.
His position may have become untenable after the most recent scandal to emerge--the gunning down of a Limassol police officer who was later linked to loansharking and dealings with mob figures.
The family's crimes are believed to include labour and construction racketeering, loansharking, extortion, drug trafficking, money laundering, prostitution and murder for hire.
 
 
 
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