‘Gambling debt’ behind alleged kidnapping plot – Grafton Daily Examiner

A GOLD Coast schoolboy was kidnapped, bound and held captive over a multimillion-dollar gambling debt, police will allege. The 12-year-old boy cannot be identified for legal reasons. The terrifying ordeal ended near a police roadblock in the northern NSW town of Grafton on Saturday afternoon, almost 24 hours after the 12-year-old high school student was…

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Jaypee Infra faces liquidation as resolution eludes realty company – Economic Times

NEW DELHI | MUMBAI: The threat of liquidation hangs over Jaypee Infratech after the Interim Resolution Professional (IRP) told the Supreme Court on Friday that the bankruptcy resolution process at the debt-laden realtor had failed to stitch together a revival plan before the clock ran out. According to the Insolvency and Bankruptcy Code, 2016, a…

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‘If you are out on the street, then you are a dead man’ — bookie who beat debtor gets 6-year sentence – The Boston Globe

By Travis Andersen Globe Staff  May 11, 2018 It looks like a movie, but is real life. Thats how prosecutors described the beating that bookie Quang PT Le, 27, of Dorchester, delivered in November 2016 to a man who owed a $40,000 gambling debt. On Wednesday, prosecutors said, Le received a 6-year prison term during…

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