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Loan Shark Retaliation Fails: Grenade Thrown at Garage Owner


webfact

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A gang of loan sharks shockingly threw an M79 grenade at a car repair shop in Chaiyaphum Province after a debtor reported them to the police. Thankfully, the grenade did not explode.

 

The incident unfolded on August 15 when Mr. Chatchawet, 55, owner of the shop on Niwet Rat Road, notified the police after discovering the unexploded device. Mr. Chatchawet explained that he had gone to retrieve spare parts when he found the grenade. His quick thinking led him to call the authorities immediately.

 

Earlier, on August 9, Mr. Chatchawet had reported a gang of high-interest loan sharks to the Muang Chaiyaphum Police Station. These loan sharks, described as three men aged between 35 and 40, had threatened his elderly parents. They drove a modified Isuzu D-Max pickup without a licence plate. The police pursued the gang and initiated legal actions, reported Daily News.

 

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Picture courtesy: Daily News

 

The issue began in early July when Mr. Chatchawet borrowed 12,000 baht from the gang, receiving only 9,000 baht after deductions. They imposed a daily interest rate of 20 baht, demanding a daily payment of 500 baht. When Mr. Chatchawet’s father fell seriously ill and was hospitalised, the family couldn't meet the loan repayments. This led the gang to storm the shop and intimidate his father.

 

The financial hardship and subsequent threats compelled Mr. Chatchawet to seek police intervention. He provided video evidence against the gang, spurring police action. The aggressive throw of the grenade is believed to be retaliation for his complaint.

 

As investigations continue, Mr. Chatchawet calls for justice, hoping the authorities will apprehend the gang to prevent further threats. This unnerving episode highlights the severe risks associated with predatory lending and underscores the need for stringent enforcement against illegal loan practices.

 

TOP Picture courtesy: Daily News

 

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-- 2024-08-16

 

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7 hours ago, webfact said:

The financial hardship and subsequent threats compelled Mr. Chatchawet to seek police intervention. He provided video evidence against the gang, spurring police action. The aggressive throw of the grenade is believed to be retaliation for his complaint.

Time the police upped their game... 

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Looks more like an M26 grenade or a fake copy of one. 

 

Usually the pin ring is on the left side of the spoon handle, when the spoon is facing you.   That pin ring is on the right side and the base has rounded off edges.   

 

The alternative, it is not an American grenade and the M79 nomenclature is not one I am familiar with. 

 

 

Edited by radiochaser
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you don't throw a m79 grenade, it comes out of a m79 grenade launcher

 

and what is this

 

The issue began in early July when Mr. Chatchawet borrowed 12,000 baht from the gang, receiving only 9,000 baht after deductions. They imposed a daily interest rate of 20 baht, demanding a daily payment of 500 baht.

 

 

20 baht?  500 baht ?

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