PHUKET: Police in Phuket Town this afternoon (July 26) arrested five enforcers for a loan sharking ring, after reports that the ring had been charging interest of 20 per cent a month and intimidating people who did not pay on time.
Saturday 26 July 2014 09:05 PM
Four of the five men wait as police photograph evidence.
The five are Sakrin Salea, 34, from Trang, Surin Siboo, 20, from Songkhla,and three men from Pattani: Abdulor Jealea, 29, Kanawut Leadee 20, and Mohamad Soming, 23.
Police seized five mobile phones, a printer, three bank books, ATM and ID cards, and B14,000 in cash.
They were charged with providing banking services without a permit and charging illegally excessive interest rates.
