Police raid online lending company, hold 250 staff for questioning

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Authorities conducted a raid on the office of an online lending application company in Makati on Friday prompted by numerous complaints on social media.

PAOCC spokesperson Winston Casio, quoted by ABS-CBN News, said: “From the reports that we received, there was humiliation and threats.” Labrador also reportedly placed the caption: “You’re caught. Around 300 illegal online lending apps caught in the act!” in his stream.

 

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