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News Forum - Thai police arrest major Kamphaeng Phet loan shark

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Thai cyber police arrested a major loan shark in Kamphaeng Phet after debtors reported him for charging exorbitant interest rates and threatening them. Borrowers were subjected to interest rates of 16,000 baht per day, leading to fear and harassment. The arrest of the loan shark, Pallop, took place yesterday, September 5, when Police Lieutenant General … …

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ChrisS Veteran

ChrisS

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These loan sharks are really the lowest of the low preying on the poor and vulnerable yet they thrive in EVERY corner of Thailand whilst the police who know full well who they are and what they do sit back and do nothing except maybe hold their hand out for 'look the other way' money

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