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A loan shark is a person who offers loans at extremely high or illegal interest rates, has strict terms of collection, and generally operates outside the law, often using the threat of violence or other illegal, aggressive, and extortionate actions when seeking to enforce the satisfaction of the debt. [1] As a consistent or repeated illegal ...
Vigorish (also known as juice, under-juice, the cut, the take, the margin, the house edge or the vig) is the fee charged by a bookmaker for accepting a gambler's wager. In American English, it can also refer to the interest owed a loanshark in consideration for credit. The term came to English usage via Yiddish slang (Yiddish: וויגריש ...
Conspiracy. Criminal penalty. 3-5 years in prison. Samuel " Mad Sam " DeStefano (September 13, 1909 − April 14, 1973) was an American mobster who was associated with the Chicago Outfit. He was one of the organization's most notorious loan sharks and sociopathic killers. Chicago -based Federal Bureau of Investigation (FBI) agents, such as ...
Card sharp. A card sharp (also card shark, sometimes hyphenated or spelled as a single word) is a person who uses skill and/or deception to win at card games (such as poker). "Sharp" and "shark" spellings have varied over time and by region. The label is not always intended as pejorative, and is sometimes used to refer to practitioners of card ...
Usury. Of Usury, from Brant's Stultifera Navis (Ship of Fools), 1494; woodcut attributed to Albrecht Dürer. Usury (/ ˈjuːʒəri /) [1][2] is the practice of making loans that are seen as unfairly enriching the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an ...
goomar or goomah: Americanized form of comare, a Mafia mistress. goombah: an associate, especially a senior member of a criminal gang. heavy: packed, carrying a weapon. hit: to murder; also see whack. initiation or induction: becoming a made man. juice: the interest paid to a loan shark for the loan; also see vig.
Scott Tucker (born May 5, 1962) is an American convicted racketeer, loan shark, fraudster, and money launderer who used his illegal funds to finance – and drive for – his own sports car endurance racing team. In 1991, Tucker was convicted for his illegal activities, including mail fraud, associated with a bogus lending company he operated ...
Uncover expert takes and answers in our crossword blog. Explore daily insights on the USA TODAY crossword puzzle by Sally Hoelscher. Uncover expert takes and answers in our crossword blog.