loan shark
- 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.…
- Pattaya News
Pattaya loan shark threatens to cut off debtor’s finger
A department store employee from Pattaya in Chon Buri province is terrified because a loan shark threatened to cut off her finger for missing some debt repayments. The woman secretly voice recorded the creditor and took the evidence to the police. Yesterday, 35 year old Angumalee Suriya from Pattaya revealed that a loan shark offered to deduct 10,000 from her…
- Crime News
Loan shark avenges debtor with fermented fish in northern Thailand
A loan creditor broke into a woman’s home in Phetchabun province, northern Thailand, and spread fermented fish all over her house and belongings. Police say the “loan gang” could be prosecuted for breaking and entering if they are found gill-ty of the crime. A 45 year old single mother filed a complaint at Bueng Sam Phan Police Station yesterday after…
- Pattaya News
Bangkok and Chon Buri police arrest 9 suspects they believe were part of loan shark operation
Bangkok and Chon Buri police arrested 9 people through combined raids on what police believe were locations used for illegal loan shark apps. The arrests happened earlier this morning. Thai media reports that 6 of the suspects are Thai nationals and the remaining 3 suspects are Chinese nationals. Economic Crime Suppression Division police and the Provincial Police Region 2 took…
- Thailand News
Police raid alleged money sharks’ operation centre, many escape jaws of justice
An alleged online lending network has been busted in Nonthaburi, a province north of Bangkok. Police say the lending operation was led by Chinese nationals. The police arrested multiple people after raiding 3 buildings at the Pailin Park housing estate, yesterday. According to the police, the financial assistance network provided loans at exorbitantly high interest rates through the app “Chang…
- Bangkok News
52 people in Bangkok arrested for alleged involvement in illegal loan operation
Thai immigration police arrested 52 people who were allegedly involved in an illegal loan shark operation using a smartphone application called “Speedwallet” to provide loans with interest rates higher than the legal limit. Police had received complaints from several of the application’s customers. Speedwallet provided loans of 5,000 baht to 20,000 baht and collected interest rates of 12% to 15%…
- Crime News
Loan sharks allegedly threatened 8 year old boy
Police are trying to track down 2 men who allegedly trespassed inside someone’s home in Chiang Mai and threatened an 8 year old boy, claiming his mother owes them money. The boy was home alone when the alleged loan sharks parked their black truck and entered the house looking for the mother. When they saw she wasn’t home, they allegedly…
- Crime News
Police arrest 5 allegedly involved in loan shark app
Police have arrested 5 people who allegedly ran a loan shark business in Pattaya. The smart phone app “True Cash Pro” illegally gave out loans whilst imposing excessive interest rates. Authorities say the business had around 10,000 borrowers and over 100 million baht in circulation. Police started investigating the online scam after receiving complaints about the company demanding people pay…
- Krabi News
Krabi woman fakes death to avoid “loan sharks”
PHOTO: Sanook A 30 year old woman named Sudawan, who went online to post pictures of herself, apparently dead with cotton wool stuffed up her nose, has now been located. Relatives went to the police because they did not believe she was dead. They told police that they thought she went into hiding after finding out she had to pay…
