8 suspected loan sharks arrested at Bangkok house

On Sunday, authorities detained eight people who they thought were loan sharks who lived under the same roof in Bangkok’s Bang Khen region.

Following a complaint from a vendor that she had faced actual rape threats after failing to pay the party a 2 % daily interest, Pol Maj Gen Montree Theskhan, captain of the Crime Suppression Division, said a search warrant led to a attack on a home on Phahon Yothin 59 Road.

The house’s eight suspects face charges of overcharging mortgage interest and fraudulently operating a lending company. The nose of the group was identified only as a Mr Montri, &nbsp, aged 43.

In the attack, authorities also found weapons, bullets, the listings and ID cards of debtors, cars and motorcycles reportedly used by debt collectors, product business cards and bank accounts recording transactions for over 20 million ringgit.

Suspect Montri acknowledged that his gang operated an illegal lending industry, but claimed that all of the suspects ‘ arrests were related to a still-at-large Thai loan shark.