Thalang – Suspect(s) allegedly stole a million baht in cash from a foreigner’s house in Thalang.

 

The Thalang Police told the Phuket Express that they were notified of the incident over the past weekend. The thief broke into an unidentified foreigner’s house at a housing estate in Sakoo.

 

The suspect allegedly stole a brand name watch and cash worth about 25,000 Euros.

 

By Goongnang Suksawat

 

Full story: https://thephuketexpress.com/2023/06/26/suspect-allegedly-steals-million-baht-from-foreigners-house-in-thalang/

 

-- © Copyright The Phuket Express 2023-06-27

 

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Foreigners an obvious target sometimes... 

 

only people involved in criminal activities keep that kind of money on hand. 

You wanna keep that kind of cash at home the least you can do is hide it well somewhere around the house and not easy to find, but what can you do when irresponsible, careless people makes thieves works much easier.

48 minutes ago, save the frogs said:

only people involved in criminal activities keep that kind of money on hand. 

why that  many foreigners have a few 1000 cash for the rainy day

1 hour ago, save the frogs said:

only people involved in criminal activities keep that kind of money on hand. 

a million baht is not that much to keep on hand for many people
unbelievable for some, but it does not imply criminal activities at all.
no different to keeping watches worth a million baht or more
many can, many cannot even fathom the idea.
each to their own.

2 minutes ago, patman30 said:

a million baht is not that much to keep on hand for many people

so people keep that much money on hand for fear that the banks will collapse then?

 

8 minutes ago, save the frogs said:

so people keep that much money on hand for fear that the banks will collapse then?

 

SILLY????

9 minutes ago, save the frogs said:

so people keep that much money on hand for fear that the banks will collapse then?

i did not speculate on the reasons why people have cash on hand
but i can assure you those who do
do not all do it for the same single reason
from your question it seems you are assuming those who do such a thing
must have the majority of their funds with them, which does not need be the case
again, there are many people who cannot fathom doing such a thing as usually they are not in a position to do so.
 

14 minutes ago, save the frogs said:

so people keep that much money on hand for fear that the banks will collapse then?

 

It is not that much money. 25K euros? Hardly the capital base of a major criminal enterprise.

 

It's walking around money if one does a trip. Sometimes cash is more convenient than credit cards for daily purchases, restaurants, etc.  Maybe that isn't something you would or could do, but it's not particularly uncommon. Even Thailand isn't cheap anymore.

15 minutes ago, patman30 said:

must have the majority of their funds with them

I didnt assume that they have the majority of funds with them.

But I am running out of reasons to speculate.

Now I am asking you to speculate on some of the reasons and enlighten me.

What reasons would be greater than the risk of getting robbed? 

3 minutes ago, Walker88 said:

Hardly the capital base of a major criminal enterprise.

I didn't say it was a major criminal enterprise. It could be a minor criminal enterprise. 

Maybe it was one drug deal.

If you think 25K Euro is chump change, well ... we lead different lives. 

Suspect allegedly……?  What does it even mean? Who’s the suspect? Allegedly stealing? It should say thief stealing. 

5 minutes ago, AustinRacing said:

Suspect allegedly……?  What does it even mean? Who’s the suspect? Allegedly stealing? It should say thief stealing. 

The suspect allegedly stole a brand name watch and cash worth about 25,000 Euros

Stated correctly. Unless you know that the claims of the victim about the amount of cash and theft of a brand name watch are correct.

How did this "thief" know to hit this house?

 

1 hour ago, save the frogs said:

But I am running out of reasons to speculate.

Here's one, Maybe waiting for exchange rates to go up in his favour.

( dear google I am English and this IS the correct spelling)

Stole a 'brand name watch' 

Timex?

I have a brand new "Lolex" and nobody ever looked at it.

5 hours ago, patman30 said:

a million baht is not that much to keep on hand for many people
unbelievable for some, but it does not imply criminal activities at all.
no different to keeping watches worth a million baht or more
many can, many cannot even fathom the idea.
each to their own.

Your right. However I read it was only 25,000baht in cash and a good watch brand not even "Mr Watch Man" expensive.  

5 hours ago, patman30 said:

i did not speculate on the reasons why people have cash on hand
but i can assure you those who do
do not all do it for the same single reason
from your question it seems you are assuming those who do such a thing
must have the majority of their funds with them, which does not need be the case
again, there are many people who cannot fathom doing such a thing as usually they are not in a position to do so.
 

When I travel to Thailand i usually carry £1,000 in £50 notes to change into baht.

On 6/27/2023 at 8:23 AM, Walker88 said:

It is not that much money. 25K euros? Hardly the capital base of a major criminal enterprise.

 

It's walking around money if one does a trip. Sometimes cash is more convenient than credit cards for daily purchases, restaurants, etc.  Maybe that isn't something you would or could do, but it's not particularly uncommon. Even Thailand isn't cheap anymore.

IMO you are asking to get robbed.  Unwise to carry 1M baht in cash around.  Many people now are going mostly cashless.

On 6/27/2023 at 8:24 AM, save the frogs said:

I didnt assume that they have the majority of funds with them.

But I am running out of reasons to speculate.

Now I am asking you to speculate on some of the reasons and enlighten me.

What reasons would be greater than the risk of getting robbed? 

your question implied that you assume majority
if someone feared the banks collapsing
surely it would be logical to keep the majority of funds out of the bank if in case that was the reason
sorry logic is a habbit of mine
an example of a reason easy
my last home
when i viewed it, the seller had someone lined up to buy
but they had not given any deposit, and could not till the following week
the seller was selling very cheap as they urgently needed a back operation
i pulled out 300k cash (out of 600k) i had on me
gave him a deposit there and then, this was a Friday afternoon,
i borrowed 1m cash from a friend (secured) who also keeps cash on hand
i had a bit more cash, sold some gold, sold some crypto
informed seller Sunday night i had all
we signed Monday morning, he was in the hospital by lunchtime
paid 1m via bank transfer, the rest was 4m cash and 10 baht of gold (his preference)

Bought land up north
seller wanted cash, 1.5m
landscaper and well guy both wanted cash
100k and 150k

*i don't keep all my money in a bank, because i think i would prefer the risk of holding assets over just watching my money steadily (well seems more like exponentially) decrease in value over time, in laymans terms, i just think it's dumb, to keep all your eggs in one basket.
 

thanks patman.

if anyone out there keeps large amounts of cash under their mattress, please let me know where you live. 

thanks.