NUDE photos of hundreds of young Chinese women who were forced to hand over naked selfies for cash loans have been leaked online.
Loan sharks told the victims, many of them university students, to send over nude selfies of them holding their ID cards as a sick ‘guarantee’.
10 gig file with pictures of more than 1,000 women was shared among Chinese internet users this week,
The horrific practice is being done through Jiedaibao, a peer-to-peer lending platform where people can broker their own deals – but it is not known who leaked the pictures.
In June it emerged that the young girls are asked to send a naked selfie with their ID card in order to borrow thousands of yuan with high interest rates.
The dodgy loan sharks then threaten to contact their parents and post the picture online, to make sure that the money will be repaid.
The pictures are transferred through two popular messaging apps, QQ and Wechat.
Li Li told Southern Metropolis Daily that she owes the loan sharks 55,000 yuan.
She had originally taken out a loan of just 500 yuan, the equivalent of just over £50.
Her loan shark’s interest rates were set at 30%…………..