Connect with us

Crime

Police in Chon Buri announce crackdown on loan sharks

Jack Burton

Published

 on 

PHOTOS: The Pattaya News

Police in the eastern Chon Buri province held a large rally to announce a crackdown on loan sharks, in which they’ve already seized luxury cars, motorbikes, illegal weapons and ammunition. On Thursday, 709 police, led by the Chon Buri provincial police commander, attended a rally at the Bali Hai Pier in Pattaya to report on the ongoing crackdown.

Earlier in the week, Chon Buri police investigated a loan shark group who have reportedly been preying on those in financial trouble due to the Covid-19 crisis, offering loans at interest rates that violate Thai law, certainly extortionate rates. The gang allegedly found their victims via Facebook and other social media. Victims pawned their cars and motorbikes as collateral and the loan sharks charged them usurous interest rates, according to police at the rally.

Authorities arrested 3 prominent members of the gang after an investigation involving undercover agents. They reportedly seized 18 luxury cars and 10 motorbikes. The total value of the seized vehicles was estimated at about 20 million baht. Police say they’re working on identifying the victims to return their property.

Police in Chon Buri announce crackdown on loan sharks | News by Thaiger Police in Chon Buri announce crackdown on loan sharks | News by Thaiger Police in Chon Buri announce crackdown on loan sharks | News by Thaiger

SOURCE: The Pattaya News

 

Get more from The Thaiger

📱 Download our app on Android or iOS
👋 Have your say on our Thailand forums
🔔 Subscribe to our daily email newsletter
📺 Subscribe / Join YouTube for daily shows
👍 Like/Follow us on Facebook
🐦 FOLLOW us on Twitter
📷 FOLLOW us on Instagram

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

3 Comments

3 Comments

  1. Avatar

    Toby Andrews

    Saturday, August 8, 2020 at 5:07 pm

    Well they might as well go after people that have something to confiscate.
    It is a waste of time going after the Pattaya homeless.

  2. Avatar

    Rinky Stingpiece

    Saturday, August 8, 2020 at 6:03 pm

    This is one of SEAsia’s real problems, so many people go into debt via different routes, and it forms part of the organised crime web. You can certainly find articles about “debt collectors” in Indonesia online, and I wouldn’t be surprised to see similar things in other ASEAN countries, although as the photo indicates, some countries in SEAsia have easier access to firearms than others. Philippines has plenty; Indonesia is much more of a machete culture, due to lack of access.

  3. Avatar

    James Pate

    Sunday, August 9, 2020 at 3:52 am

    Announce a crackdown? ??? What a thoughtful heads up.

You must be logged in to post a comment Login

Leave a Reply

Jack Burton is an American writer, broadcaster, linguist and journalist who has lived in Asia since 1987. A native of the state of Georgia, he attended the The University of Georgia's Henry Grady School of Journalism, which hands out journalism's prestigious Peabody Awards. His works have appeared in The China Post, The South China Morning Post, The International Herald Tribune and many magazines throughout Asia and the world. He is fluent in Mandarin and has appeared on television and radio for decades in Taiwan, Mainland China, Hong Kong and Macau.

Follow Thaiger by email:

Coronavirus (Covid-19)10 mins ago

Communicable disease law may be amended to replace emergency decree

Tourism32 mins ago

Travel data to Thailand for 106 million people unprotected online

Thailand15 hours ago

Thailand News Today | OnlyFans content creators arrested on pornography charges | September 21

Welcome back to Thailand!

Thaiger is getting behind local businesses for the restart of tourism in Thailand - up to 50% discounts across all advertising packages!

Thailand16 hours ago

Soldier allegedly assaults neighbours following horn honking

Thailand18 hours ago

Border agencies instructed to look out for gun smuggling along Myanmar border

Coronavirus (Covid-19)18 hours ago

Tuesday Covid Update: 10,919 new cases; provincial totals

image
Join the conversation on the Thaiger Talk forums today!
Thailand18 hours ago

Officials clarify Korat police van stopped at the beach after collecting murder suspect

Crime19 hours ago

OnlyFans content creators arrested by Thai police on pornography charges

Thailand19 hours ago

Comments Galore! feat. Golf | Thaiger Bites | September 21

Cambodia19 hours ago

Scientists study bats in Cambodia to find clues about Covid

News21 hours ago

Update: government official that allegedly stole from fund meant for the disabled spent all the money on gambling

Thailand21 hours ago

Morning Top Stories | Reopening of entertainment venues, Manny Pacquiao for president | September 21 |

World21 hours ago

Flight restrictions to the US to ease in November – US government

Thailand22 hours ago

Bangkok re-opening Criteria, Thai Airways keeps Struggling | Good Morning Thailand | Episode 93

Thailand23 hours ago

Government warns that posting pornographic material is illegal following OnlyFans creator being questioned by police

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14 | Thaiger
Thailand1 week ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand7 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism7 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket7 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism7 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand7 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism7 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand8 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand8 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand8 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand8 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand8 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand8 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand8 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand8 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Trending