Kazakhstan Cracks Down on Pawnshop Network with Illegal Income Exceeding 146 Million Tenge

Kazakhstan's Financial Monitoring Agency has shut down an illegal pawnshop network that continued lending after losing its license. The network, operating in Almaty and Turkestan regions, issued loans secured by jewelry at a daily interest rate of 2%, significantly exceeding the legal limit. The illicit income surpassed 146 million tenge.

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