The MGM crime reporter introduces Norman Kennedy, District Attorney of a large city, he who talks about the general want for money, and the extraordinary lengths some will go to to get it. ... See full summary »
The MGM crime reporter introduces Norman Kennedy, District Attorney of a large city, he who talks about the general want for money, and the extraordinary lengths some will go to to get it. The loan sharking business has that want for money on both sides. He tells the story of one such loan shark, Stephen Hanley, who tried to pass his company off as a legitimate loan business, but who charged exorbitant rates, and used extortion and fraud to get out of his customers even more than what they may have owed on paper. McCormick, a news publisher, made it his aim to expose Hanley for the loan shark he really was. But getting Hanley's disgruntled clients to cooperate was more difficult than expected, as Haney's men not only used threats, but carried out those threats in scaring those who were going to talk and eventually sign affidavits against Hanley. Something unexpected and sad had to happen for the authorities to be able to haul in Hanley and his entire outfit. Written by
"Money to Loan" is an unusually powerful episode of the "Crime Does Not Pay" series from MGM--a long series of short films that illustrate criminals in action and police apprehending these jerks. It begins with a long series of egregious behaviors by a seemingly legitimate loan company--behaviors that make them more like strong-arm loan sharks! In one case, a guy had made every payment on his car and only owed one more. He asked for an extension for until the weekend was over--and they agreed. When he went to get his car, they'd sold it! In another, they hired a lady to walk into a man's office and loudly badger him about the money in front of all his co-workers! And, in another, they caused a traffic accident! But it gets worse--and it's up to the police and district attorney to get evidence on these evil jerks.
Overall, the film illustrated its case very well and they constructed a very convincing and emotionally charged film. Well worth seeing and very well done.
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