Chinese loan shark gang busted in Pattaya
PATTAYA police raided three luxury houses and rounded up approximately 20 Chinese loan sharks lending money to people in their homeland and also operating online gambling websites, TV Channel 7 said late afternoon today (Oct. 3). Pol. Lt. Gen. Chatchai Surachetphong, deputy commander of Provincial Police Region 2, and Pol. Col. Nawin Thirawit, superintendent […]
Read MorePolice guarding banks to stop loan sharks from grabbing 10,000 baht handout
WITH all police stations nationwide being alerted to guard banks where “fragile” groups of people are withdrawing 10,000 baht handout from last Wednesday (Sep 25) after finding out that loan sharks were waiting there to grab the money, a Maha Sarakham police team has tightened security at the Bank for Agriculture and Agricultural Cooperatives […]
Read MoreIndians rounded up after punch-up in the middle of Pattaya
TWO Indian tourists were seen in a video clip beating up a fellow countryman in the middle of a Pattaya road with a Thai woman, believed to be the latter’s girlfriend, stepping in to try to stop the assault early in the morning and all were rounded up and taken to the police station, […]
Read MoreLoan sharks urged to show up until month’s end
By Thai Newsroom Reporters ANY LOAN SHARKS who may not have yet shown up to the authorities under the government’s campaign against illegal money-lending were strongly advised to do so until the end of this month, according to Deputy Interior Minister Chada Thaiset. In a press conference today (May 16), Chada insisted that those […]
Read MoreWoman stressed out about debts jumps to her death
A WOMAN who was stressed out about debts and pressured by her creditors to pay up everyday jumped to her death at a high-rise building downtown Bangkok with her body only found 12 hours later today (Mar. 31), TV Channel 7 said. Pol. Lt. Col. Siriphong Lapanich, an inspector at Thong Lor police station, […]
Read MoreGSB provides soft loans to settle illicit debt
By Thai Newsroom Reporters THE GOVERNMENT SAVINGS BANK is offering soft loans which people can use for settlement of illicit debt but not for refinancing of their bank debt. The GSB is providing a maximum of 50,000 baht in soft loans with a maximum of five years in repayment term for customers who may […]
Read MoreMany thousands so far assisted under anti-loan sharks campaign
By Thai Newsroom Reporters MANY THOUSANDS OF PEOPLE owing illicit debt have been so far successfully assisted under the government’s anti-loan sharks campaign, the Ministry of Interior’s undersecretary Sutthipong Chulcharoen confirmed today (Jan.26). Of a total of 15,005 illicitly indebted people who have so far filed with the authorities in all provinces of the […]
Read More‘Debt Settlement Market’ now extended to district level nationwide
By Thai Newsroom Reporters The GOVERNMENT’S “DEBT Settlement Market” campaign for people indebted to unlawful money lenders is being extended from provincial to district level nationwide. Interior Ministry Undersecretary Sutthipong Chulcharoen confirmed today (Jan.16) that the “Debt Settlement Market” which formally kicked off in all provinces on Sunday is now branching out to all […]
Read More‘Debt Settlement Market’ kicks off in all provinces
By Thai Newsroom Reporters THE GOVERNMENT-RUN “Debt Settlement Market” kicked off today (Jan.14) for people illicitly indebted to loan sharks in all provinces nationwide. The “Debt Settlement Market” is a venue set up in each of the country’s 77 provinces for the people to find ways and means to settle their informal debt owed […]
Read MorePeople with illicit debt urged to get help with deadline now extended
By Thai Newsroom Reporters PEOPLE WHO MAY OWE illicit debt but hesitantly have not made official claims were today (Jan.7) reminded of the deadline which has been rescheduled for the end of next month. The Ministry of Interior’s undersecretary Sutthipong Chulcharoen said those who may be indebted to loan sharks but kept quiet or […]
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