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Police Arrest Admin Linked to Illegal Loan App Network

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Picture courtesy of Thaitabloid

Police have arrested a woman accused of acting as an administrator for an illegal loan application linked to a Chinese-operated network, charging borrowers interest rates of up to 480 per cent per year. The suspect was detained in Bangkok following complaints from victims who said they were exploited through unauthorised digital lending. Authorities say the operation handled cash flows of around 70 million baht per month, highlighting the scale of the alleged scheme.

The arrest took place on 21 January 2026 under the direction of Pol Maj Gen Theerachart Thirachathamrong, commander of the Economic Crime Suppression Division. Officers led by Pol Col Apichon Khanka and Pol Lt Col Paiboon Phimkamnerd arrested Ms Fahsai, also known as Fah, at a house in Soi Lat Phrao 101, Bang Kapi district. She was arrested under Criminal Court warrant No. 6692/2568 dated 14 November 2025 on charges of operating a regulated personal loan business without authorisation and charging interest above the legal limit.

The case stems from complaints filed by multiple victims in October 2025 against a loan application operating without approval and charging excessive interest. Investigators later identified Ms Fahsai as one of the app’s administrators responsible for communicating with customers online. Police said this role placed her within the operational structure of the illegal lending network.

During questioning, Ms Fahsai denied being a direct lender and said she was hired in October 2025 as a customer chat operator after applying for a job via Facebook. She told investigators she later learned the work involved lending and that she allowed a Chinese employer to use a banking app linked to her personal account. She identified the employer only as “A Chen”, aged around 35 to 45 and said she was paid a monthly salary of 12,000 baht plus a 3,000 baht bonus.

Ms Fahsai stated that the loan app attracted around 150 borrowers per day, with an average loan of 2,000 baht per person. Interest was charged at 40 per cent over a month, equivalent to 480 per cent per year, depending on customer terms. Police estimate the operation generated monthly circulation of approximately 70 million baht.

Thaitabloid reported that she also told police the company operated from an office building in Soi Lat Phrao 130, Bang Kapi, employing several staff, but she did not know how long it had been active. Investigators have transferred the suspect to the Economic Crime Suppression Division for further legal proceedings. Authorities said they will expand the investigation to identify and prosecute other individuals connected to the network.

Key Takeaways

• A 30-year-old woman was arrested on 21 January 2026 for links to an illegal loan app charging 480 per cent annual interest.

• Police allege the network handled around 70 million baht per month and was operated by a Chinese-linked group.

• Investigators are expanding the case to trace employers and others involved in the operation.

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Adapted by ASEAN Now from Thaitabloid 2026-01-23

 

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