loan shark
- Crime News
Chinese loan shark gang member arrested at Bangkok airport
A Chinese woman linked to an illegal loan shark gang was apprehended by Thai Tourist Police at Suvarnabhumi International Airport while attempting to pick up a relative. The arrest occurred amidst a crackdown on crimes affecting the tourism industry. The event unfolded as police, acting under the orders of Sak’sira Phuak-am and Phongsiam Mimongkol, conducted an operation to counteract criminal…
- Crime News
Loan sharks attack victim faces charges after defending himself
A gang of loan sharks mistakenly attacked a 56 year old man at his home in Nonthaburi, leading him to defend himself. Ultimately, he is now at risk of facing legal action despite being the victim. Athiwat Sirikangwalwong, founder of the Dare to Step page, arrived to investigate the incident after receiving a complaint from Aran. The incident began when…
- Thailand News
Raid on loan shark reveals unlicensed meatball factory in Saraburi
Police conducted a raid on an illegal loan shark operation, uncovering an unlicensed meatball factory in Saraburi. The suspect, Pim, denied all allegations and requested to defend herself in court. Police Colonel Kraison Sriampon and Police Lieutenant Colonel Krisanapong Temiyasuwan, alongside Saraburi’s investigative team and officers from Wang Muang Police Station, acted on a tip about a loan shark operation…
- Crime News
Thai police arrest major Kamphaeng Phet loan shark
Thai cyber police arrested a major loan shark in Kamphaeng Phet after debtors reported him for charging exorbitant interest rates and threatening them. Borrowers were subjected to interest rates of 16,000 baht per day, leading to fear and harassment. The arrest of the loan shark, Pallop, took place yesterday, September 5, when Police Lieutenant General Worawat Watnakornbancha ordered a raid…
- Crime News
Cyber police arrest loan shark in Nakhon Si Thammarat
Cyber police raided and arrested a loan shark in Nakhon Si Thammarat who charged exorbitant interest rates of 10% per month and accepted vehicles and firearms as collateral. The suspect confessed. Today, September 1, Worawat Watnakornbancha, the head of the Cyber Crime Investigation Bureau, directed Phumipat Phattharasriwongchai, the commander of Division 5, along with deputy commander Bancha Srisuk and chief…
- Thailand News
Woman found dead in car after loan shark debt dispute
A man was found grieving over his wife’s body after a heated argument earlier in the day, following her secret borrowing of money from loan sharks. The incident led to a tragic end when she was found dead inside her car. Police received a report at 5pm yesterday, August 10, about a woman’s body discovered in a car parked near…
- Krabi News
Krabi loan shark arrested for violent tactics and high-interest rates
Police arrested a notorious loan shark in Krabi for charging exorbitant interest rates of 35% to 135% per year and assaulting debtors who failed to repay on time. Yesterday, August 7, officers from the Cyber Crime Investigation Bureau (CCIB) and the Ao Luek Police Station executed a court-issued warrant to apprehend the suspect, Parinyada, also known as Lek, at her…
- Crime News
Cops crack down on illegal loan sharks in six provinces in Thailand
Police swooped on an illegal loan shark network across six provinces, arresting key members and uncovering over 50 million baht in circulation. The operation targeted the notorious Boy Lang Khao gang, infamous for their exorbitant interest rates and violent debt collection methods. The Police Economic Crime Suppression Division, led by Police Major General Phutthidej Boonkrapue, yesterday launched an extensive operation…
- Thailand News
Mae Hong Son police arrest illegal moneylender in sting operation
Police apprehended a 34 year old online gambler and illegal moneylender while he was collecting interest on loans. Police officers led by Phasawint Kaewtai, the Police Chief of Mae Hong Son, along with Isarapong Apichai, the Deputy Chief of Investigations, and Thawatchai Surinta, the Commander of the Border Patrol Police Company 336, conducted a sting operation at 7.10pm yesterday, July 1.…
- Thailand News
Cyber police arrest online loan shark charging 3% daily interest
Cyber police raided and arrested an online loan shark charging exorbitant interest rates of 3% per day, threatening, shaming, and destroying the property of those who failed to pay. They seized numerous items of evidence. The operation took place yesterday under the command of Cyber Police Chief, Worawat Watnakornbancha who instructed relevant authorities to execute a search warrant issued by…
- Crime News
Police arrest debt collector with firearms and drugs in Bangkok
Police apprehended a debt collector and seized two firearms along with quantities of ketamine and methamphetamine. Following an undercover operation, police arrested Somchai, also known as Am, and charged him with multiple offences. Officers from Romklao Police Police Station, led by Kiattikul Sonthinen, yesterday collaborated with Somphot Thongmun and Kornwararat Promsawan to arrest the 39 year old Somchai. The arrest took…
- Thailand News
Mother faces 2.6 million baht debt from 10,000 baht loan
A mother who borrowed 10,000 baht to pay her child’s school fees 12 years ago is now struggling under a crippling debt of 2.6 million baht in interest. The mother, who initially took out the loan when her child was in primary school, is now seeking help from a popular Facebook page, Survive – Sai Mai Must Survive, to resolve…
- Thailand News
Loan shark in Hat Yai nabbed for imposing 120% interest rates
Police in Hat Yai arrested a 62-year-old loan shark for allegedly offering covert loans with exorbitant interest rates of 120% per year, using land title deeds as collateral, and threatening borrowers. The operation was conducted on March 7 under the direction of Major General Warawut Watnakornbancha, Chief of the Special Branch Office 5, along with Lieutenant Colonel Phumiphat Phatarasriwongchai, Chief of…
- Thailand News
Family seeks refuge from loan shark at Nonthaburi bus stop
A family in Nonthaburi province found refuge at a bus stop after fleeing their home due to threats from a loan shark who demanded daily interest payments. The incident took place yesterday at 8pm, on February 25, when the family, lacking the funds to meet the exorbitant interest demands, feared for their safety. Nontranut Promjan, the chairman of the Nonthaburi…
- Thailand News
Cyber cops collar loan shark for high-interest loans with sex repayment
Cyber police arrested a Thai man in the southern province of Trang yesterday for offering high-interest loans and allegedly forcing debtors to repay debts with sex. “loan-shark love: Cyber Crime Investigation Bureau officers came across videos posted by the 38 year old loan shark, Thaweesak, on social media where he publicly shamed debtors unable to repay his loans. Further investigation…
- Thailand News
Loan shark allegedly attacks pregnant woman, causing victim to lose baby
A Thai woman accused a loan shark of attacking her at her home in the northern province of Phetchabun, causing her to lose her unborn baby. The accused loan shark denied responsibility and demanded proof of her pregnancy. The victim, 45 year old Chusri, asked Amarin TV and other news agencies to spread her story and help her seek justice.…
- Crime News
Debtor crashes and kills loan shark while trying to collect debt
A debtor crashed his pickup into a loan shark and killed the victim while trying to collect a debt from his wife at a house in the Nonthaburi province near Bangkok. Officers from the Rattanathibet Police Station were called to investigate a car accident at a house in Soi Pracha Niwet 3 in Nonthaburi province at 9pm on December 15.…
- Thailand News
Chai Nat: Thai police chief orders arrest of loan shark at somtum restaurant
The National Police Chief ordered the arrest of two people linked to a debt collection gang, who vandalised a somtum restaurant in Chai Nat province. The owner of the establishment had registered to resolve her informal debts, leading to repercussions from the loan sharks. This event has led to wider investigations targeting loan sharks and other offenders involved in informal…
- Thailand News
Thai loan shark arrested for scamming over 1 million baht
A crackdown led by the Crime Suppression Division (CSD) resulted in the arrest of a 37 year old woman for operating more than 10 illegal loan shark gambling rings. The operation defrauded victims of over 1 million baht and involved intimidation to prevent reporting of the crime. The arrest of the loan shark was executed today, December 2, following an…
- Thailand News
Acid attack survivor scammed out of motorbike by brutal loan shark
In a recent incident, a 26 year old woman from the Ban Ngang district of Buriram province found herself victimised twice over. Initially, the woman, Wunpen, suffered facial disfigurement and blindness from an acid attack by her ex-husband in 2020. Recently, she has been defrauded by a loan shark who refused to return her mortgaged motorbike, allegedly selling it to…
- Crime News
Chinese loan shark network busted in Bangkok in major operation
Cyber police launched operation ‘Shutdown Fake Loan‘ to dismantle an online Chinese loan shark network, conducting raids at three locations, including a luxury condominium in Bangkok‘s heart. The key figure behind this scheme, a Chinese woman, had been arrested a day earlier at Suvarnabhumi Airport. The cyber police initiated the operation ‘Shutdown Fake Loan’ to disrupt the operations of an…
- Thailand News
Debtor pawns 3 French bulldogs in Thailand
A loan shark in Thailand claims that a debtor who couldn’t make their repayments pledged three French bulldogs as collateral one year ago, but never returned to collect the dogs or repay the loan. The loan shark posted in the “French bulldog club of Thailand” to seek advice… “These are my three adopted kids. These three dogs did not do anything…
- Crime News
Young woman attacked with razors over 250 baht in southern Thailand
A loan shark chased a debtor for 750 baht debt yesterday in Phattalung province, southern Thailand. When the debtor coughed up only 500 baht, she was attacked by around 20 people over the remaining 250 baht. The gang slashed her with razors all over her body causing serious injury. At 2am today, officers at Mueang Phatthalung Police Station were called to…
- Crime News
Pattaya debtor allegedly stabs loan shark in self-defence
A Pattaya debtor allegedly stabbed a loan shark in self-defence last night. The incident occurred near the Rueangwilai apartment complex in Chon Buri’s Bang Lamung district at 10pm. Police found the victim, 33 year old Sarawut Kamsaiprom lying in pain at the front of the apartment with serious stab wounds to his left ribcage. Pattaya authorities found a bloodstained kitchen…
- Crime News
Body of loan shark found in Thailand river, 7 baht of gold jewellery missing
The body of a Thai woman missing for three days was recovered from a river in Chumphon province in southern Thailand yesterday. The gold jewellery she usually wears, worth 220,000 baht, was missing. The deceased – 32 year old Chadathip – ran a loan business and never returned from an appointment she made to chase money from a debtor on…
- Thailand News
Police swoop on 2 loan shark gangs in 4 provinces of Thailand
Officers from the Economic Crime Suppression Division (ECD) swooped on two loan shark gangs operating in four provinces in Thailand and arrested four crooks. Money worth over 1 billion baht was in circulation as the racketeers collected interest from debtors at an extortionate rate of 547.5% per year. The ECD targeted two illegal money-lending gangs: Burin-credit and Memoney-Credit and raided…
- Thailand News
Loan shark claims debtor shot herself in the head at his house in Thailand
A loan shark in northern Thailand informed the police on Tuesday that a debtor – who is also his ex-girlfriend – committed suicide in front of him by shooting herself in the head due to financial stress. Her relatives are not convinced by the claim and insist that she never had a gun. At 8.30pm, 58 year old Somkiat rang…
- Thailand News
2 Chinese and 17 Thais arrested for illegal money lending apps
On Thursday, Thai police reported the arrests of two Chinese citizens and 17 Thais for operating several illegal money lending applications charging interest rates of 2,080 percent per year. The Center for Countering Abuse by Loan Sharks of the Royal Thai Police investigated more than 40 illegal money lending applications after numerous victims filed complaints in the last 12 months.…
- Crime News
Loan shark shoots debtor 8 times in the head in southern Thailand
A loan shark chose revenge over repayments on Sunday when he shot a debtor eight times in the head outside a tea shop in Songkhla province in southern Thailand. At 8pm, officers at Khuan Meed Police Station received a call that someone had been shot dead in the Chana district. Police found the body of 42 year old Chusit [surname…
- Crime News
Loan shark bombs debtor’s house in southern Thailand
A loan shark allegedly threw a deadly military-grade hand grenade at a woman’s house in Phattalung province, southern Thailand, after she failed to meet repayments. At 2pm yesterday, police were called to a house in Mueang district after a gardener discovered an explosive device in the grass. Police evacuated neighbours and called Explosive Ordnance Disposal (EOD) officers to the scene.…
