To me it sounds ridiculous. This part:

[i]Prosecutors said it began in early 2021, when the unnamed victim borrowed $150,000 from Ragano and made interest payments of approximately $1,800 a week to him.

Months later, on Sept. 14, 2021, Ragano was arrested in connection with the extortionate loan to the victim, as well as separate schemes to traffic marijuana and commit fraud.

Despite the fact that he was locked up, federal prosecutors said, Ragano was still trying to collect on his loan.

While Ragano was on pretrial detention in that case, and after he was released on bond from the Metropolitan Detention Center in December 2021, he continued to try to collect the loan, prosecutors said.[/i]



The man borrowed 150,000 dollars with an agreed upon interest, with no gun held to his head. Then stopped paying when Ragano was locked up. The "Victim" gets to keep the money, and Ragano goes to prison.