36 C
Bangkok
Thursday, May 2, 2024

Illegal lending office in Songkhla smashed

Police raid a house used as an office for operating illegal mortgage and money lending services in the southern province of Songkhla on Tuesday. (Photo supplied)

SONGKHLA: A woman was arrested for allegedly operating unlicensed mortgage and money lending services that charged an interest rate exceeding the legal limit, police said on Wednesday.

Armed with a warrant issued by the Songkhla Provincial Court, police on Tuesday raided a house in tambon Phawong, Muang district, after learning that the house had been used as an office for operating illegal mortgage and money lending services, said Pol Maj Gen Tiewtawat Nakhonsri, Provincial Police Region 9’s investigation division chief.

The business had reportedly collected an interest…

Read more…

Latest Articles