Immigration Bureau (IB) officers announced a successful operation to arrest two Indian men illegally offering high-interest loans to Thai people in Nonthaburi province near Bangkok.

 

The IB launched the operation to crack down on foreigners running illegal businesses or posing as powerful and influential people in the communities. The operation led officers to a 39 year old Indian man, identified only as A, who offered loans to Thais in the Nonthaburi province.

 

Officers observed the man and discovered that he rode around the area on a bicycle offering loans to Thais with financial problems. Armed with concrete evidence, officers arrested A at his accommodation in the province and also discovered that he had overstayed his visa by more than six years.

 

A further investigation into the matter was conducted until officers found a Thai woman who borrowed money from another Indian man, B. The woman made known that she was the owner of a clothes shop and borrowed 3,000 baht from B. No document or contract was made for the loan.

 

by Petch Petpailin 

Photo via Naewna

 

Full story: The Thaiger 2024-01-12

 

- 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.

 

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Little indians at it again, it wouldn’t be hard to crack down on these posers.

23 minutes ago, webfact said:

he rode around the area on a bicycle offering loans to Thais

 

"Pssshhhtttt!  You want money?  Good rate, good rate!"

 

The fact that this happened 'near to Bangkok' must be highly significant, its even in the title of news.

But very few Thai loan sharks seem to be arrested.

I wonder why that is?

 

4 minutes ago, Tropicalevo said:

But very few Thai loan sharks seem to be arrested.

I wonder why that is?

 

They don't ride around on bicycle's and perhaps spread the wealth?

Hehe, borrow money from illegal foreigner lenders and then don't pay it back and report them to authorities.

 

Quite crafty.

Edited January 12, 20242 yr by freeworld

Things were different in the days gone by.

A friend lent a significant amount of money to a Thai lady with a gambling debt. She had a parcel of land and offered the title deeds for security.

Long story, but she did not pay off the loan and the family demanded the title deeds back from my friend.

He said 'pay me first'.

They refused and took him to court as it was an illegal loan.

In court, the judge said to him 'you realise that what you did was illegal?'

He replied that he was just trying to help.

He won the case and the family had to pay him the money.

Edited January 12, 20242 yr by Tropicalevo

A post with nothing other than a trolling image contravening our Community Standards has been removed.

3 hours ago, webfact said:

The IB launched the operation to crack down on foreigners running illegal businesses or posing as powerful and influential people in the communities

No competition allowed.

6 hours ago, webfact said:

 

The IB launched the operation to crack down on foreigners running illegal businesses .........

I would have thought anybody running an illegal business should be targeted!

 

Bet then, foreigners taking jobs reserved for Thais is a big no-no.

4 hours ago, Tropicalevo said:

But very few Thai loan sharks seem to be arrested.

I wonder why that is?

 

Racism?

Realy? they could only find two, and it was Indians? Is there a shortage of Thais?