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A vicious loan shark ring has been preying on factory workers. When several workers at a tire factory suffer violence at the hands of the loan sharkers, a union leader and the factory owner try to recruit ex-con Joe Gargan to infiltrate to the gang.
- (769)
- Crime, Drama, Film-Noir
- Seymour Friedman
- 1952-05-23
Nov 3, 2023 · The England Illegal Money Lending Team (IMLT) said traditionally people used loan sharks when they urgently needed to pay big bills like a new washing machine or car repairs. But during the...
Jun 28, 2023 · Struggling households are being preyed on by loan sharks, new research has found. One in 14 people (7%) said they - or someone else in their household - has borrowed from an unlicensed or unauthorised informal money lender who charges interest in the past three years, according to a survey for non-profit organisation Fair4All Finance.
- 2 min
Even today, after the rise of corporate payday lending in the United States, unlicensed loan sharks continue to operate in immigrant enclaves and low-income neighborhoods. They lend money to people who work in the informal sector or who are deemed to be too risky even by the check-cashing creditors.
A vicious loan shark ring has been preying on factory workers. When several workers at a tire factory suffer violence at the hands of the loan sharkers, a union leader and the factory owner try to recruit ex-con Joe Gargan to infiltrate to the gang.
George Raft, whose mechanical acting often feels oddly comforting, plays ex-con Joe Gargan whom police ask to go undercover as a tire factory employee to infiltrate a gang of loan sharks preying on employees; Joe resists the assignment until his indebted brother-in-law Paul (Henry Slate) is murdered by the sharks.
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At the request of factory owners and union leaders, a tough ex-con infiltrates a gang of loan sharks who are preying on financially desperate factory workers.