I wonder if this is a loan shark tactic that has come to Korea yet?:
A hand written loan slip. The interest rate of lending 2000 yuan is 100% for two month. One of the leaked photo circulated online.
It is an open secret that some online finance service platforms are asking female debtors to give them nude photos in exchange for a loan, or to extend the deadline of debt payment. Now, with the leaking of female debtors’ nude photos and videos online — thanks to the circulation of a 10-gigabytes file on the Chinese internet — the alarm has been sounded.
The zipped file contains photos and sex tapes of at least 161 women, the majority of which are college students between 17 to 23 years of age. Along with the visual materials are chat records and identity information — including relatives’ names and personal particulars.
The leaked documents come from Jiedaibao, a social network-based, online finance service platform, which facilitates one-on-one loans. Debtors must use their real identity in their profile, while the lenders can remain anonymous. The finance company has issued a statement denouncing any involvement with the leak, and is reportedly cooperating fully with the police in the investigation.
In order to get a loan, the young women were asked to take nude selfies holding their identity card; some were even asked to masturbate in front of the camera. In addition to this, other documents were shown — include student identity cards, and screenshots of university student user platforms. [Global Voices]
