rooster59 Posted March 10, 2017 Share Posted March 10, 2017 From nut sellers to loan sharks - cops call time on Indians whose time in Thailand is over Image: Thairath Police and military men raided a building in downtown Nakorn Pathom Friday after complaints that a group of Indians were loan sharking. As the raiding party arrived at the address on the Prapa - Na Sang Road the startled Indians scattered in all directions. But nine were soon rounded up and taken into the police station. Many accounts books were found in their rooms along with cash in plastic bags. Police learnt that they had been selling cloth, running a hire purchase scheme and loan sharking. Locals had complained they were being asked to fork out interest of 10% per day which is against the law. Police further discovered that the Indians had no right of abode and many had passports that had long since run out of date. They said that what had started as a small business for many of them selling nuts had developed over the years into a thriving community preying illegally on the Nakorn Pathom locals. Source: Thairath -- © Copyright Thai Visa News 2017-03-11 Link to comment Share on other sites More sharing options...
beautifulthailand99 Posted March 10, 2017 Share Posted March 10, 2017 Of course that role belongs to more distant interlopers into the Land of Smiles.... Link to comment Share on other sites More sharing options...
ezzra Posted March 10, 2017 Share Posted March 10, 2017 Of course that If I to owe lots of money to a loan shark, and a foreign one in this case, I would have dobbed him in too, what a an easy way to pay your debts.... Link to comment Share on other sites More sharing options...
Thaiwrath Posted March 10, 2017 Share Posted March 10, 2017 Where the <deleted> am I going to get a suit made now ? Link to comment Share on other sites More sharing options...
berybert Posted March 10, 2017 Share Posted March 10, 2017 16 minutes ago, ezzra said: Of course that If I to owe lots of money to a loan shark, and a foreign one in this case, I would have dobbed him in too, what a an easy way to pay your debts.... And rightly so. They have no right to be loaning money. Lets hope many more of them get fleeced. Link to comment Share on other sites More sharing options...
KMartinHandyman Posted March 10, 2017 Share Posted March 10, 2017 Illegal loan sharking is reserved for,,,[emoji4] Link to comment Share on other sites More sharing options...
PatOngo Posted March 10, 2017 Share Posted March 10, 2017 And rightfully so! Can't have foreigners muscling in on a trade protected for locals! Link to comment Share on other sites More sharing options...
whatawonderfulday Posted March 10, 2017 Share Posted March 10, 2017 Indians again. Mind you this time the BIB cowboys caught them. Link to comment Share on other sites More sharing options...
darksidedog Posted March 11, 2017 Share Posted March 11, 2017 The call to stamp out Loan Sharking at exorbitant rates is a good one, but only if you are going to stamp it out, not just get rid of the foreign competition. Link to comment Share on other sites More sharing options...
Kurtsie Posted March 11, 2017 Share Posted March 11, 2017 BIB, There were 6 Indian Loan Sharks on Cowboy last night around 7pm. 2 armed police, not the rent a cops that show up at 8pm, walked right past one of them gretting paid by a waitress at the Lighthouse and never batted an eyelash. THere must be some "protection" available....... Link to comment Share on other sites More sharing options...
edwinchester Posted March 11, 2017 Share Posted March 11, 2017 1 hour ago, ezzra said: Of course that If I to owe lots of money to a loan shark, and a foreign one in this case, I would have dobbed him in too, what a an easy way to pay your debts.... I think you'll find the RTP now have his book and one of their representatives will be collecting. Link to comment Share on other sites More sharing options...
realenglish1 Posted March 11, 2017 Share Posted March 11, 2017 Yup sound reasonable Sell nuts and the guy buying the nuts cannot afford them so the seller says pay me next time with 10 % fee Not seeing anything wrong with it the buy agrees but the seller does not collect till the end of the month WOW 300 % markup Leave it to the Indians to do this Link to comment Share on other sites More sharing options...
klauskunkel Posted March 11, 2017 Share Posted March 11, 2017 Indian conga line? Link to comment Share on other sites More sharing options...
bangkokorbust Posted March 11, 2017 Share Posted March 11, 2017 The deportation they can live with but actually losing money is going to kill them Sent from my Redmi Note 3 using Tapatalk Link to comment Share on other sites More sharing options...
chainarong Posted March 11, 2017 Share Posted March 11, 2017 Thailand is perceived to some in the big wide world as the land of rip offs , so this attracts trash like flies , they even plan for years to come to Thailand for the sole reason of exploiting any avenue they can and it doesn't help that Thai leaders are held in such poor light ................................................... Link to comment Share on other sites More sharing options...
Sydebolle Posted March 11, 2017 Share Posted March 11, 2017 So the stage became free for the local loan sharks again - how comforting ....... Link to comment Share on other sites More sharing options...
Familyaffairs Posted March 11, 2017 Share Posted March 11, 2017 What about all the Indians and nepalese working illegally in Phuket in professions reserved for Thais ? Jungceylon is bursting with them at selling stalls, go and have a look in Kata as well. This has been going on for God knows how long, and I find it hard to believe that they don't know about this......What ho ! but perish the thought if I forget to do my 90 day reporting for my wp-related visa, or if my accountant would be late lodging VAT and other taxes. Link to comment Share on other sites More sharing options...
8OA8 Posted March 11, 2017 Share Posted March 11, 2017 8 minutes ago, Sydebolle said: So the stage became free for the local loan sharks again - how comforting ....... And as the BIB have the loan books in hand, I wonder if they'll be auctioned off to the highest bidder? Link to comment Share on other sites More sharing options...
Thechook Posted March 11, 2017 Share Posted March 11, 2017 So they get their loans then call the cops on the bad foreigners and hey presto debt disolved. Link to comment Share on other sites More sharing options...
scorecard Posted March 11, 2017 Share Posted March 11, 2017 5 hours ago, Thaiwrath said: Where the <deleted> am I going to get a suit made now ? Definitely at your own risk. A ninety 90% chance the cloth used to make your suit will not be the cloth you selected. Maybe 10 or 12 years back my old boss visited the Bkk office (first time ever in Asia) and was accosted by an Indian man in the mall attached to our office building. Boss was convinced in 5 minutes, selected some quite nice cloth for a suit and 2 or 3 pairs of trousers and several shirts then he returned to the office to proclaim his good luck. Another farang in the office said 'did you get small samples of the cloth that was agreed'. Answer: NO. They immediately went back to the Indian shop and got the usual 'not necessary sir', 'we will take care of you sir' etc. They made further demands for cloth samples, Indian guy refused to oblige. Second farang took out his phone and said he was calling the police. Then suddenly samples given. Three of four days later both farang returned to the shop, clothes all finished. They compared the cloth samples, sure enough much cheaper very poor quality cloth used for all the finished clothes. Such poor quality nobody would want to wear the clothes. Second farang called the police station nearby, police arrived quickly, police instructed Indians to return all deposits paid and compensate the farang for his time and inconvenience with 10,000Baht cash. Police also called for backup and all the stock and fittings were thrown on the back of trucks. Senior Police guy mentioned they had been called to same shop several times before. Shop never restarted in the same mall. Link to comment Share on other sites More sharing options...
scorecard Posted March 11, 2017 Share Posted March 11, 2017 5 hours ago, Thaiwrath said: Where the <deleted> am I going to get a suit made now ? Definitely at your own risk. A ninety 90% chance the cloth used to make your suit will not be the cloth you selected. Maybe 10 or 12 years back my old boss visited the Bkk office (first time ever in Asia) and was accosted by an Indian man in the mall attached to our office building. Boss was convinced in 5 minutes, selected some quite nice cloth for a suit and 2 or 3 pairs of trousers and several shirts then he returned to the office to proclaim his good luck. Another farang in the office said 'did you get small samples of the cloth that was agreed'. Answer: NO. They immediately went back to the Indian shop and got the usual 'not necessary sir', 'we will take care of you sir' etc. They made further demands for cloth samples, Indian guy refused to oblige. Second farang took out his phone and said he was calling the police. Then suddenly samples given. Three of four days later both farang returned to the shop, clothes all finished. They compared the cloth samples, sure enough much cheaper very poor quality cloth used for all the finished clothes. Such poor quality nobody would want to wear the clothes. Second farang called the police station nearby, police arrived quickly, police instructed Indians to return all deposits paid and compensate the farang for his time and inconvenience with 10,000Baht. Police also called backup and all the stock and fittings thrown on the back of trucks. Shop never restarted in same mall. Link to comment Share on other sites More sharing options...
catinthehat Posted March 11, 2017 Share Posted March 11, 2017 The numbers of these nut, watch, trinket, etc bicycle riding "salesmen" (cockroaches) are growing even out here in Samut Prakan. There is a certain hotel off of Suk that provides safe entry and accommodations for a certain fee. Once they are here seem to just stay forever. Link to comment Share on other sites More sharing options...
elgordo38 Posted March 11, 2017 Share Posted March 11, 2017 6 hours ago, Kurtsie said: BIB, There were 6 Indian Loan Sharks on Cowboy last night around 7pm. 2 armed police, not the rent a cops that show up at 8pm, walked right past one of them gretting paid by a waitress at the Lighthouse and never batted an eyelash. THere must be some "protection" available....... The BIB more than likely have an arrest "queue" number attached to them. Don't want to overdo things at one time save some for later. Great photo ops the "BIB" in action ho hum. Link to comment Share on other sites More sharing options...
Get Real Posted March 11, 2017 Share Posted March 11, 2017 If they only knew how many of the Indians that stays in this country are active in loan sharking business! I already know a few in my areas. Link to comment Share on other sites More sharing options...
GOLDBUGGY Posted March 11, 2017 Share Posted March 11, 2017 14 hours ago, Thaiwrath said: Where the <deleted> am I going to get a suit made now ? Just walk down any Soi in Thailand and they will find you. Link to comment Share on other sites More sharing options...
ratcatcher Posted March 11, 2017 Share Posted March 11, 2017 7 hours ago, chrisandsu said: Don't let king Naam see this . Only last week he was protecting his brethren on another post when I mentioned the nut sellers have been loan sharks in Thailand for donkeys years !! Nut selling always has been a front for rip off loan sharking. "Nut selling always has been a front for rip off loan sharking. " Simple, if you don't have the cashew go to a loan shark who sells nuts. Link to comment Share on other sites More sharing options...
JAG Posted March 11, 2017 Share Posted March 11, 2017 Where the am I going to get a suit made now ?Well if it looked like the outfits they are wearing I'd say you had a lucky escape![emoji4] Link to comment Share on other sites More sharing options...
tominbkk Posted March 11, 2017 Share Posted March 11, 2017 9 hours ago, scorecard said: Definitely at your own risk. A ninety 90% chance the cloth used to make your suit will not be the cloth you selected. Maybe 10 or 12 years back my old boss visited the Bkk office (first time ever in Asia) and was accosted by an Indian man in the mall attached to our office building. Boss was convinced in 5 minutes, selected some quite nice cloth for a suit and 2 or 3 pairs of trousers and several shirts then he returned to the office to proclaim his good luck. Another farang in the office said 'did you get small samples of the cloth that was agreed'. Answer: NO. They immediately went back to the Indian shop and got the usual 'not necessary sir', 'we will take care of you sir' etc. They made further demands for cloth samples, Indian guy refused to oblige. Second farang took out his phone and said he was calling the police. Then suddenly samples given. Three of four days later both farang returned to the shop, clothes all finished. They compared the cloth samples, sure enough much cheaper very poor quality cloth used for all the finished clothes. Such poor quality nobody would want to wear the clothes. Second farang called the police station nearby, police arrived quickly, police instructed Indians to return all deposits paid and compensate the farang for his time and inconvenience with 10,000Baht cash. Police also called for backup and all the stock and fittings were thrown on the back of trucks. Senior Police guy mentioned they had been called to same shop several times before. Shop never restarted in the same mall. Unfortunate. I use Majestic Tailor over on Sukhumvit by the Sheraton. Great service and wonderful cloth. Been using them for about ten years now, highly recommend them. High integrity and warm owners. Link to comment Share on other sites More sharing options...
balo Posted March 11, 2017 Share Posted March 11, 2017 They will get deported and back to the slum in India. The good Indians in Thailand are the ones paying taxes , and in the tailor business. They have lived here for generations. Link to comment Share on other sites More sharing options...
scorecard Posted March 11, 2017 Share Posted March 11, 2017 43 minutes ago, balo said: They will get deported and back to the slum in India. The good Indians in Thailand are the ones paying taxes , and in the tailor business. They have lived here for generations. Indians paying taxes? The good ones are in the tailor business? I've had a number of dealings with Indians both in Thailand and in India and not because of direct / my choice. Sorry but not high on my list. Link to comment Share on other sites More sharing options...
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