Friday, September 15, 2023, the police, in collaboration with PCT5 and the 113th Division, apprehended "Khun Pay," the leader of a ruthless debt collection gang accused of running an unauthorized sub-loan business with excessive interest rates.

 

The arrest took place in front of a shop in Sareeka, Muang Nakhon Nayok, Nakhon Nayok province. The suspect, Mr. Peerapat, had been wanted by the Criminal Court since May 27, 2023, on charges of "jointly operating a sub-loan business without permission and charging interest rates exceeding the legal limit."

 

Initially, the suspect worked as a factory worker before being persuaded by friends and relatives working in daily debt collection to join their ranks in the Mee Na Buri area, reported INN.

 

He claimed the income was good and the job was easy, earning a monthly wage of 6,000 Baht with a daily allowance of 100 Baht. His role involved intimidating borrowers and collecting debts on behalf of the warrants.

 

This case likely stems from an incident that occurred around mid-May 2023 when the suspect and his relative, who also collected debts, harassed a borrower who couldn't meet the daily repayment schedule.

 

This news aims to raise public awareness about the dangers of illegal lending practices, excessive interest rates, and the use of threats and violence, all of which are illegal under Thai law.

 

Citizens can verify licensed lending institutions on the Bank of Thailand's website to avoid falling victim to unscrupulous individuals.

 

-- ASEAN NOW 2023-09-16

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Get your business in front of millions of customers who read ASEAN NOW with an interest in Thailand every month - email [email protected] for more information

 

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He can now get used to having a cold wooden truncheon inserted up his bum behind bars.

3 minutes ago, Deserted said:

He can now get used to having a cold wooden truncheon inserted up his bum behind bars.

Experience? How does it feel? ????

I've been banged up twice in BKK but apart from being thrown into a cell, no such antics in play by the boys in brown. 

31 minutes ago, Deserted said:

I've been banged up twice in BKK but apart from being thrown into a cell, no such antics in play by the boys in brown. 

For what?

So, now he became Khun Pay for what you done

I doubt he is working for the reported salary of 6000 baht per month ?

4 hours ago, FruitPudding said:

For what?

Why do YOU NEED to know?

5 hours ago, Deserted said:

He can now get used to having a cold wooden truncheon inserted up his bum behind bars.

Maybe not a Truncheon ,but something from his Fellow Inmates.

17 minutes ago, billd766 said:

Why do YOU NEED to know?

He mentioned it.

 

Who are you, his lawyer??

53 minutes ago, FruitPudding said:

He mentioned it.

 

Who are you, his lawyer??

I am just an ordinary poster, the same as you.

 

The difference between us is that I have no NEED to know.

 

So why do YOU NEED to know.

6 hours ago, webfact said:

He claimed the income was good and the job was easy, earning a monthly wage of 6,000 Baht with a daily allowance of 100 Baht

And he was the leader?

5 hours ago, billd766 said:

I am just an ordinary poster, the same as you.

 

The difference between us is that I have no NEED to know.

 

So why do YOU NEED to know.

Seemed like he wanted to tell a story

1 hour ago, FruitPudding said:

Seemed like he wanted to tell a story

Just seemed like a comment to me.

 

Nobody else seemed to need to know.

19 hours ago, billd766 said:

20 hours ago, FruitPudding said:

He mentioned it.

 

Who are you, his lawyer??

I am just an ordinary poster, the same as you.

 

The difference between us is that I have no NEED to know.

 

So why do YOU NEED to know.

why do YOU care what another persons intertest is in that ? it has nothing to do with you and you have no need to know. 

On 9/16/2023 at 8:02 AM, Deserted said:

I've been banged up twice in BKK but apart from being thrown into a cell, no such antics in play by the boys in brown. 

So why are you spreading nonsense then.

I'm doing no such thing.