"Thailand's biggest loan shark" raided by DSI

 

Picture: Sanook

 

BANGKOK: -- A large raiding party of DSI officers, soldiers, police and justice department officials raided several properties belonging to Wichai Panngam yesterday.

 

Wichai is said to be Thailand's biggest loan shark, reports Sanook.

 

Five houses belonging to Wichai were searched in the Rattanakosin 200 years Housing Estate in Thanyaburi, Pathum Thani.

 

A five story apartment building was also raided in Soi Rangsit - Pathum Thani 10 where computers with customer details were taken into evidence.

 

The houses of four relatives were also searched.

 

But Wichai was nowhere to be found - only employees were found at each address.

 

The raid was part of a crackdown on illegal loan sharking.

 

Source: Sanook

 

-- © Copyright Thai Visa News 2016-12-21

Guess who'll get off scot free or out on bail?

"Wichai was nowhere to be found"     you think he was tipped off?  DSI?   Noo  couldn't of been.

29 minutes ago, webfact said:

"Thailand's biggest loan shark" raided by DSI

 

Wow. They must be serious if they got into the Bangkok Bank's offices..................................

 

 

Edit: For clarity, I have accounts with them and they are OK.................

Edited December 21, 20169 yr by chrisinth

So they are going after the big fish,now

regards Worgeordie

Nice Porsche.

When is the auction?

 

So the loan Shark has been reduced to a loan sardine now?......

8 minutes ago, KhunBENQ said:

Nice Porsche.

When is the auction?

 

What Porsche? 

 

Can't auction what wasn't seized... 

Just joking. No sense for emoticons?

 

But if he is found guilty assets might be seized.

It's a Porsche Panamera, latest 2016 model.

Did they get a loan at preferential rate then? 

 

Or just a few donations?

 

 

Monk making fools of them, so now time to make amends.

I wonder how much this is going to cost him?????

1 hour ago, webfact said:

But Wichai was nowhere to be found

Why am I not surprised. The BIB will get a Christmas card from the West. "Having a good time glad your not here"

I would think Nim See Saeng is the biggest loan shark. We're talking billions here. They have investments in houses, transport, construction, storages, factories etc. Charge ridiculous rates but are probably SO connected there will be no raid there. This was a small fish compared to Nim See Saeng. 

1 hour ago, KhunBENQ said:

It's a Porsche Panamera, latest 2016 model.

 

It's a Cayenne.

37 minutes ago, elgordo38 said:

Why am I not surprised. The BIB will get a Christmas card from the West. "Having a good time glad your not here"

 

"P.S.: Thanks for the heads-up!"

Quote

"Thailand's biggest loan shark" raided by DSI

"Thailand's biggest money launderer" not raided by DSI

4 hours ago, KhunBENQ said:

Nice Porsche.

When is the auction?

It's probably on invitation only and don't forget to bring your police ID.

5 hours ago, KhunBENQ said:

Just joking. No sense for emoticons?

 

But if he is found guilty assets might be seized.

It's a Porsche Panamera, latest 2016 model.

think not

'Strange' his minions were seen running away just an hour before the raid. I'd be looking for someone who has just become 'unusually' wealthy' amongst the raiders if I were a cynic.

Obviously he wasn't paying his dues to both army & police as my ex did.

She is well protected as she gave them preferential rates that is 70% less than the going rate.

 

Can see why loan sharks do well here Most Thais hate getting a job

21 hours ago, worgeordie said:

So they are going after the big fish,now

regards Worgeordie

 

Bottom feeders come in all sizes.