![]() She charged gamblers interest rates of five percent per day or ten percent per week, in violation of the Massachusetts usury laws capping annual interest on loans at 20 percent. The AG’s Office alleges that Le provided usurious loans to gamblers, in the form of cash and/or casino chips. Loan sharks operating inside of a casino provide usurious loans, targeting individuals who are problem gamblers, struggling financially or, for some reason, are unwilling to seek credit from legal sources. Le was indicted on the charges by a Statewide Grand Jury on March 31.Ĭriminal usury (also known as loansharking) is a crime that involves loaning money to individuals at an interest rate that is above a maximum legal rate. She is scheduled for a pretrial conference in Suffolk Superior Court on June 24. Following her not guilty plea at the arraignment, Judge Michael Doolin released Le on her own personal recognizance with the condition that she stay away from Encore and any witnesses, surrender her passport and remain in the state. Kimanh Le, 50, of Quincy, was arraigned Monday in Suffolk Superior Court on the charges of Criminal Usury (four counts) after being arrested April 10 at the casino. BOSTON - Attorney General Maura Healey announced that a Quincy woman has been indicted and arraigned in connection with running a criminal loansharking operation out of the Encore Boston Harbor Casino and in Suffolk and Norfolk Counties. ![]()
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