Loan sharks in China offer student loans for nude photos, giving new meaning to ‘naked greed’

Preying on young women who need money for college and other expenses, Internet lenders in China are reportedly offering them high-interest loans in exchange for nude photos of themselves, enticing victims with promises of extra cash and then blackmailing those who fail to pay by threatening to publish the pictures or send them to their […]

Source: http://www.washingtonpost.com/blogs/worldviews/wp/2016/06/16/loan-sharks-in-china-offer-student-loans-for-nude-photos-giving-new-meaning-to-naked-greed/