STOP MFI | Unlicensed pawnshops: loans at 3.7% per day

From 2020 to 2025, the suspect allegedly issued loans secured by mobile phones, televisions, game consoles, and other electronics without a license.

According to the Financial Monitoring Agency, the operation was disguised as a chain of commission stores, while interest rates reached up to 3.7% per day — significantly above the legal limit.

We examine how the scheme allegedly operated, what losses borrowers suffered, and how the investigation concluded.