User:0xF8E8/Usage of nude photographs as collateral in China

In China, loan sharks using the Internet-based service Jiedaibao have required female college students to submit nude photographs of themselves with visible identification in exchange for a loan; the lenders threaten to publish the photographs online if the loans are not paid on time. Jiedaibao is owned by the venture capitalist firm JD Capital, which has made revenues of 2 billion yuan ($ USD) from the service.