Assistant national police chief Pol Lt Gen Surachate Hakparn shows a stack of business cards used by a loan shark, at Thursday’s press conference in Khon Kaen. (Photo: Chakrapan Natanri)
KHON KAEN: Police have arrested members of nine illegal money lending networks in four northeastern provinces during a crackdown on loan sharking.
The gangsters are accused of charging exborbitant interest rates and physical intimidation and seizure of property from people unable to make the high payments on time.
Assistant national police chief Surachate Hakparn on Thursday gave details of the raids.
He said 34 suspects were arrested. They were members of nine illegal lending networks in Khon Kaen, Udon Thani, Nakhon Phanom and Nong Khai provinces with links to three major loan sharks based in Ratchaburi’s Ban Pong…
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