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Posted

Another Illegal Loan Shark Collector Arrested

by CityNews

 

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CityNews – Police arrested another debt collector near Wat Phan On.

 

Following a recent set of sting operations by police, another illegal debt collector was arrested on Rachadamnoen Road, near Wat Phan On.

 

Full Story: http://www.chiangmaicitylife.com/news/another-illegal-loan-shark-collector-arrested/

 
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-- © Copyright Chiang City News 2018-5-31
Posted (edited)

He doesnt look anything like a 'nak lueng'  Little sissy boy with typical sissy haircut.

The loan sharks in my area of Bangkok are thugs with guns and they work for  military bosses.

They're the scum of the earth.

They cannot be touched by the police unless it comes from the top.

Notice how the military police are in the photo.  Is the Chinese-Thai a cop?

What is that room he is in???

The above photo is basically fake news.

Edited by lanista
Posted
6 hours ago, gk10002000 said:

Are there "legal" loan shark collectors?

Yeah, it must be the 4 Indians in my hood they're in business for more than a decade.

  • Like 1
Posted

In the UK its legal. They advertise on TV with APR of over 1300 % sometimes

 

That is day light robbery ! But the government allows it to happen. So in comparison the loan sharking here is nothing.

 

Posted
23 hours ago, Vacuum said:

Why?

 

They threaten to kill your kids if you dont shell out the money .

The Thais are idiots for borrowing under the 20 baht system but the sharks  are scum for taking advantage of them. A street vendor had her throat cut in broad daylight  on busy petkasem rd for failing to pay back  7000 baht with huge interest attached,

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