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Loan sharks heartlessly kill Thai fruit vendor over 400 baht debt near Pattaya


snoop1130

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In a shocking event, a 45 year old fruit vendor tragically lost his life after a gang of loan sharks terrorised and shot him right outside a convenience store.

 

The victim’s girlfriend, 41 year old Saengduen revealed the heartbreaking moments leading up to the event, which happened on the evening of November 14.

 

The storefront of Itthiphol (surname withheld), is located on Sukhumvit Road, right in front of a convenience store entrance on Soi Sukhumvit 109 in the Boonrath 2 Village, Moo 4, Plutaluang District, Chon Buri Province.

 

The loan sharks attacked Itthiphol as he couldn’t afford to pay back 200 baht per day for a 10,000 baht loan. Saengduen explained that due to poor sales, Itthiphol was unable to make the interest payments for about two days, which amounted to 400 baht. She had promised the loan sharks to repay the amount as soon as possible and reassured them that Itthiphol had no intention of fleeing.

 

The attack happened suddenly. A woman from the loan shark gang demanded payment, and a man handed her a gun. The woman shot Itthiphol at close range, and the man even attempted to stab him with a knife.

 

By Nattapong Westwood

Caption: Photo: KhaoSod

 

Full story: The Thaiger 2023-11-15

 

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16 minutes ago, neeray said:

Killing the debtor seems akin to the idiom "biting the hand that feeds you" (only a thousand times worse). Now the loan shark can write off the entire debt, while running from the law.

Yeah somewhat true. But sometimes they resort to this kind of act to scare other clients  to not default. A bit like an insurance policy. Mafia in USA do the same. Not that I condone it. 

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13 hours ago, snoop1130 said:

The attack happened suddenly. A woman from the loan shark gang demanded payment, and a man handed her a gun. The woman shot Itthiphol at close range, and the man even attempted to stab him with a knife.

Some really sick people in this so called Buddhist country.

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1 hour ago, neeray said:

Killing the debtor seems akin to the idiom "biting the hand that feeds you" (only a thousand times worse). Now the loan shark can write off the entire debt, while running from the law.

The thought process often doesn't enter the murderers mind until after the event... then  flee the scene

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19 minutes ago, nchuckle said:

Not quite ,you have to consider the 10,000 baht capital sum…

I'm wondering what the loan was for, most times it Seems its for gambling/drugs, these loan sharks are very dangerous people, even those that run to another part of Thailand are tracked down, by these disgusting leaches.

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