webfact Posted October 17, 2023 Share Posted October 17, 2023 In a distressing event, the "Khon Kaen Loan Shark Gang" forcibly entered the home of a significant debtor's daughter, engaging in a violent altercation that involved gunfire. This deadly confrontation, which led to the unfortunate loss of the young woman's life, stemmed from a dispute over daily interest rates. The borrower initially obtained a loan of ten thousand baht and had already returned a sum totaling thirteen thousand baht, comprising both the borrowed principal and an interest of 3,000 baht, reported Daily News. Nonetheless, despite these repayments, the loan shark group expressed dissatisfaction and insisted on an extra daily fee of 400 baht for a three-month period, leading to an astounding total interest accumulation of 36,000 baht. On October 16, at approximately noon, authorities from the Paed Police Station in Khon Kaen were called to examine the shooting incident that took place at a dwelling in the Sawathi district of Mueang Khon Kaen. Picture: Daily News Upon arrival at the location, they found a severely wounded woman, estimated to be around forty-eight years old, who had sustained three gunshot wounds. Preliminary investigations indicated that the firearm used was connected to an illicit loan shark operation. The victim had borrowed ten thousand baht previously, and despite making repayments totaling thirteen thousand baht, she refused to comply with the exorbitant daily interest rate demand. In desperation, the loan shark gang resorted to violence, vandalizing her home before committing the fatal shooting. The police have identified the suspects involved and are pursuing legal action against both the loan shark gang and their financial backers. TOP picture: Daily News -- ASEAN NOW 2023-10-17 - 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 Get our Daily Newsletter - Click HERE to subscribe 1 4 Link to comment Share on other sites More sharing options...
retarius Posted October 17, 2023 Share Posted October 17, 2023 Seems unfair, but at least the debtor is still alive to pay his debt. Totally stupid to EVER get involved with these awful thugs and usurers. 1 1 Link to comment Share on other sites More sharing options...
stoner Posted October 17, 2023 Share Posted October 17, 2023 life for a few thousand baht anyone. Link to comment Share on other sites More sharing options...
Popular Post sammieuk1 Posted October 17, 2023 Popular Post Share Posted October 17, 2023 In all probability police were called to a police hit the loan sharks here are vicious scum where is Big Tor Tourist and his gun clean up gone ???? 4 1 Link to comment Share on other sites More sharing options...
Popular Post JeffersLos Posted October 17, 2023 Popular Post Share Posted October 17, 2023 1 hour ago, webfact said: The police have identified the suspects involved and are pursuing legal action against both the loan shark gang and their financial backers. Themselves? 1 1 2 Link to comment Share on other sites More sharing options...
OneMoreFarang Posted October 17, 2023 Share Posted October 17, 2023 Nothing like that would happen if the authorities would fight loan sharks - instead of working with them together. TiT. 2 Link to comment Share on other sites More sharing options...
Popular Post VocalNeal Posted October 17, 2023 Popular Post Share Posted October 17, 2023 1 hour ago, sammieuk1 said: In all probability police were called to a police hit the loan sharks here are vicious scum where is Big Tor Tourist and his gun clean up gone ???? A new job for Big Joke, Purge all the loan sharks. 4 1 Link to comment Share on other sites More sharing options...
loong Posted October 17, 2023 Share Posted October 17, 2023 4 hours ago, webfact said: Upon arrival at the location, they found a severely wounded woman, estimated to be around forty-eight years old, who had sustained three gunshot wounds. Preliminary investigations indicated that the firearm used was connected to an illicit loan shark operation. The victim had borrowed ten thousand baht previously, and despite making repayments totaling thirteen thousand baht, she refused to comply with the exorbitant daily interest rate demand. In desperation, the loan shark gang resorted to violence, vandalizing her home before committing the fatal shooting. Confusing as is often the case! Who borrowed the money? The victim or the victim's parent? 1 Link to comment Share on other sites More sharing options...
hotchilli Posted October 17, 2023 Share Posted October 17, 2023 5 hours ago, webfact said: The borrower initially obtained a loan of ten thousand baht and had already returned a sum totaling thirteen thousand baht, comprising both the borrowed principal and an interest of 3,000 baht, reported Daily News. Nonetheless, despite these repayments, the loan shark group expressed dissatisfaction and insisted on an extra daily fee of 400 baht for a three-month period, leading to an astounding total interest accumulation of 36,000 baht. Sickening. Link to comment Share on other sites More sharing options...
paul1804 Posted October 17, 2023 Share Posted October 17, 2023 3 hours ago, VocalNeal said: A new job for Big Joke, Purge all the loan sharks. Well that would mean purging the local police force then wouldn't it! 1 Link to comment Share on other sites More sharing options...
VocalNeal Posted October 17, 2023 Share Posted October 17, 2023 39 minutes ago, paul1804 said: Well that would mean purging the local police force then wouldn't it! Your opinion. That's what Big Joke does. Link to comment Share on other sites More sharing options...
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