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The four alleged loan sharks at Tourist Police headquarters last night

Phuket Vendors at Patong Beach Plagued By Loan Sharks

Friday, August 1, 2014
PHUKET: Beach vendors at Patong, struggling to keep their jobs, reported loan sharks to Tourist Police who arrested the men yesterday and presented them to the media last night.

The four negotiated loans and then returned every day to plague the vendors for their 20 percent interest, Tourist Police said.

The gang, from Nakhon Prathom province, had been operating on Phuket for three months.

Tourist Police confiscated the money that the men were carrying yesterday and told reporters what the men had been doing at a conference at Tourist Police headquarters in Phuket City last night. .

The men are Wirat Jankampa, 20, (9300 baht); Anek Hauhongtong, 35, (1050 baht); Watehara Kongdee, 34 (10,700 baht); Wichan Tungtakong, 24 (990 baht).

They will be handed to Phuket police to be charged.

Comments

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So basically they borrowed money from these guys - agreed to the rate of interest - and now that the guys want there interest payments report them to the police - hate to tell these vendors these are the middlemen - the big boy still wants his money

Posted by Ciaran on August 1, 2014 09:27

Editor Comment:

You sound almost supportive of the blood suckers, Ciaran.

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More than 3 months fat one 4 or 5 months

Posted by bazza on August 1, 2014 12:32

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@Ciaran

...Big body often may be not far from there where they are heading or are pictured

Posted by Sue on August 1, 2014 13:40

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Agreed Ed, these people are blood suckers but as Ciaran suggests, it was the beach vendors who chose to use their services. The service provided doesn't sound too different to the pay-day loan companies officially operating in the UK with massive interest rates.

Posted by Andrew on August 1, 2014 14:03

Editor Comment:

When your income stops and you have outstanding loans, you have a problem anywhere.


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