Police raid sites linked to alleged loan shark

PUBLISHED ON WED, AUG 2, 2017 3:30 AM

Police raid sites linked to alleged loan shark

By Apichart Hongsakul 
The Nation

 

4f151bf2b7df4daf050ec3eee266a649-atwb.jpeg

 

Officials raided four locations in Prachuap Khiri Khan province on Tuesday in a crackdown on an alleged loan shark who is said to have a total cash flow of more than Bt200 million.
 

Police raid sites linked to alleged loan shark

 

Found at the locations linked to the alleged loan shark, Sutee Tananantasiri, were 38 guns, land-title deeds, licence plates, and various valuables.

 

Pol General Wirachai Songmetta, the top adviser to the National Police Office, personally led police and soldiers in a joint operation against allegedly illegal money-lending services. 

 

“We have taken action in response to a complaint from a Prachuap Khiri Khan resident,” Wirachai said.

 

According to police, the complainant said he submitted land title deeds as collateral for a Bt370,000 loan, but found that the loan contract did not specify an interest rate. He claimed that Sutee’s armed henchmen used intimidation tactics in demanding repayments. 

 

Four more people lodged complaints against Sutee on Tuesday. 

 

Sutee faces charges of illegal money lending, imposing an illegally high interest rate, intimidation and related offences. If convicted, he faces a jail term and/or a fine. 

 

Source: http://www.nationmultimedia.com/detail/breakingnews/30322473

 
thenation_logo.jpg
-- © Copyright The Nation 2017-8-1
latest news from Hua Hin

Phetburi flooding remains critical, motorists advised to use alternative routesBy Thai PBS  Flooding in Phetchaburi province remains critical as the Phetchaburi river continues to overflow banks and submerge almost the entire municipal areas today (Nov 24). Sections of the Phetkasem highway...

READ MORE...

Thai twins into Hua Hin semisBy Lerpong Amsa-ngiam The Nation  Sonchat Ratiwatana and Sanchai Ratiwatana remained the only local hopes in the US$150,000 EA Hua Hin Open Challenger after they moved past  Peter Polansky of Canada and Rubin Statham of New Zealand following a 7-6 (7-4) 6-3 in the...

READ MORE...

Water Jungle launches One Piece carnivalBy The Nation The Vana Nava Hua Hin Water Jungle water park and DEX [Dream Express] have launched a 45-day carnival that will exclusively feature the characters from One Piece. The event will be held from December 1 until January 16 next year, “just in time...

READ MORE...

'Toon' set to enter Prachuap Khiri Khan, donations rise to Bt310 millionBy The Nation Rock star Artiwara “Toon” Kongmalai started Day 22 of his charity run at 5.20am on Wednesday, and is scheduled to cross Chumphon into Prachuap Khiri Khan. His group announced that at the end of Day 21 of his epic...

READ MORE...
sponsors