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Phuket loan shark enforcers arrested

Darawan Naknakhon

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Four of the five men wait as police photograph evidence.

PHUKET: Police in Phuket Town this afternoon (July 26) arrested five enforcers for a loan sharking ring, after reports that the ring had been charging interest of 20 per cent a month and intimidating people who did not pay on time.

The five are Sakrin Salea, 34, from Trang, Surin Siboo, 20, from Songkhla,and three men from Pattani: Abdulor Jealea, 29, Kanawut Leadee 20, and Mohamad Soming, 23.

Police seized five mobile phones, a printer, three bank books, ATM and ID cards, and B14,000 in cash.

They were charged with providing banking services without a permit and charging illegally excessive interest rates.

Source: http://www.thephuketnews.com/phuket-loan-shark-enforcers-arrested-47548.php

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-- Phuket News 2014-07-26

Posted

Quote: "Police in Phuket Town this afternoon (July 26) arrested five enforcers for a loan sharking ring".

So they were just the enforcers...............one hopes that Mr Big is next, or maybe too well connected?

Posted

"They were charged with providing banking services without a permit and charging illegally excessive interest rates."

What??? I thought these people were/are ENFORCERS. Why aren't they charged with something like "beating people up" or "causing bodily harm" or something else that will land them in jail for a while? The way the Thai justice system seems to work for Thais, they'll probably get off with a slap on the wrist and be back on the street the next day doing the same thing.

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