Armed Loan Sharks Charge Teacher 300 Baht Per Hour Late Fee

[webfact]

Picture courtesy: Thai Rath

 

Police in Nan have apprehended members of a loan shark gang who brandished weapons to intimidate a teacher at their school over an unpaid debt. The gang demanded a fee of 300 baht per hour until the debt was settled, threatening not to kill but to injure the debtor, leaving victims in fear.

 

The arrest took place on 29th January 2025, led by Police Major General Dares Kanya and other local officers.

 

They detained Mr Mot, 26, from Nong Bua Lamphu province, and Mr Nat, 33, from Nan province. The suspects were found with a modified blank-firing gun in a residence in Chai Sathan, Muang Nan.

 

The incident, reported on 28th January, involved a teacher being confronted by armed men dressed like military personnel while on duty at a prominent school.

The teacher had defaulted on a 5,000 baht loan, offering to pay 2,000 baht, which was refused. Instead, the lender retrieved a gun, threatening harm unless the full amount was paid, and imposed an hourly penalty to the outstanding debt.

 

The police have since confirmed that the suspects are security guards, not military officials. They are being charged with illegal possession and carrying of a firearm, as well as issuing threats. Further charges are under investigation, reported Thai Rath.

 

-- 2025-01-30

 

 

[lordgrinz]

This happening inside a school is unacceptable, they should be severely punished, 10 years in jail after being flogged until they are unconscious would work.

[Dan O]

3 minutes ago, lordgrinz said:

This happening inside a school is unacceptable, they should be severely punished, 10 years in jail after being flogged until they are unconscious would work.

This happening anywhere is unacceptable. I'm sure the normal punishment will be handed out. Bail and maybe a fine and tgey will be back at it.

[CharlieH]

This sort of behaviour in a school of all places should be dealt with by public humiliation!

Bring back the stocks! put them in a highly visible place,and birch them. Then proceed with prosecution.

[JoePai]

Scum, pure and simple   😡

[hotchilli]

2 hours ago, webfact said:

The teacher had defaulted on a 5,000 baht loan, offering to pay 2,000 baht, which was refused. Instead, the lender retrieved a gun, threatening harm unless the full amount was paid, and imposed an hourly penalty to the outstanding debt.

Lunatics

[ronster]

Just end them all !!

Low life scum nothing but bullies .

[WorriedNoodle]

2 hours ago, CharlieH said:

This sort of behaviour in a school of all places should be dealt with by public humiliation!

Bring back the stocks! put them in a highly visible place,and birch them

This is up there with your "Did People Really Land On The Moon" post!

[PETERTHEEATER]

Teachers, as civil servants, can get government loans at low interest rates. 

[Rhys]

Gambling debt?

 

[novacova]

5 hours ago, lordgrinz said:

10 years in jail after being flogged until they are unconscious would work.

Publicly by the victim 

4 hours ago, CharlieH said:

This sort of behaviour in a school of all places should be dealt with by public humiliation!

Bring back the stocks! put them in a highly visible place,and birch them. Then proceed with prosecution.

Right, this is what we’re talking about!

[Confuscious]

Why do people loan money from a loan shark in the first place?
They are fully aware of the tactics of loan sharks and should stay away from taking a loan from them.
The LAW need to be changed and making loan sharks a criminal offence.

 

[Briggsy]

On 1/30/2025 at 3:35 PM, PETERTHEEATER said:

Teachers, as civil servants, can get government loans at low interest rates. 

They can indeed, but there is a maximum ceiling. The teacher may be maxed out.