Chiang Mai police arrested an accused loan shark blamed for the suicide of a delinquent borrower.
Rayong-native Pronpitak Jaratsang, 43, was captured Feb. 23 with a register of clients, business cards and cash. He was charged with illegal lending.
Kanlayanee Pranokdong, 48, was found hanging from a longan tree behind her house in Sarapi District.
Police said the pump-station worker had borrowed 6,000 baht from a loan shark at 20 percent daily interest, paying 7,200 baht over 24 days. To make the payments, she borrowed more money from other loan sharks, putting her in an unrecoverable spiral of debt of 1,500 baht a day on an income of only 350 baht a day.
