Loan sharking in Torre Annunziata: 10% monthly interest rates and knife threats: "I'll slaughter you." Five people were arrested by the Naples State Police, Flying Squad, and Anti-Mafia Department for loan sharking, extortion, and attempted robbery aggravated by mafia methods.
The contested charges concern the granting of loans at exorbitant interest rates, up to 10% per month. In the case of a loan of 30 thousand euros, the victim was forced to pay 3 thousand euros per month in interest, with the threat of being subjected to the transfer of his home in Torre Annunziata in the event of non-payment.
Threats and violence
The victims, including several women, were intimidated with threats and violence. The suspects threatened to kill them, holding a knife to their throats and saying they would "slaughter" and "shoot" them if they didn't repay the interest.
The start of the investigations
The investigation began with a false report of a disturbance on March 5th, originating from a residence in Torre Annunziata. Officers from the local police station, who responded to the scene, found one of the loan shark victims in a state of terror after being summoned by Salvatore Ferraro for a missed payment.
The investigations, coordinated by Prosecutor Nicola Gratteri, led to the arrest of:
Salvatore Ferraro, known as "o capitano", 59 years old, already known to the police for aextortion of Savoia Calcio;
Giuseppe Ferraro, 32 years old;
Anna Bove, 56 years old;
Filomena Bove, 58 years old;
Andrea Gallo, 38 years.
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